Following a sale process that attracted strong interest across Europe and from Northern America, DDA&Company is proud to announce that Extens, a French private equity firm specialized in healthcare IT, acquired Bow Medical in an LBO deal with the support of its management.
Founded in 1999, Bow Medical is the developer of Diane, a software suite dedicated to Anesthesia, Intensive Care, and Maternity Care. Historically conceived for Anesthesia services, in which Bow Medical is the independent leader, the Diane suite has progressively expanded to Intensive Care and Maternity Care. Providing a broad and deep coverage, Diane enables its clients to :
- Centralize patient pathways
- Alleviate nurses and physicians from time consuming administrative tasks to let them focus on their patients
- Improve patient safety and quality of care
More than 260 hospitals, public and private, such as CHU de Lille, Assistance Publique – Hôpitaux de Paris, le CHU de Lille, les hospices civils de Lyon et Ramsay GDS have already chosen Diane to equip their 2,600 operating rooms and ICUs.
Extens, now a majority shareholder, will continue the international expansion and development of the suite’s features.
The senior tranche of the debt was syndicated to Crédit du Nord, acting as lead arranger, and Société Générale.