Koblenz, January 12, 2012: CompuGroup Medical today
concluded an agreement to acquire 100% of the shares in
Microbais Werkmaatschappij B.V.. Microbais is one of the
market leaders in ambulatory and pharmacy information
systems in the Netherlands. The 2011 turnover is expected
to amount to 11.2 million Euro with about 70% recurring
revenue and EBITDA is expected to be 2.5 million Euro.
Microbais employs around 90 employees and is headquartered
in Amsterdam. Around 475 pharmacies as well as 150 doctors'
practices count among the company's customers. This is
equivalent to a market share of about 25% within pharmacies
and 4% within office-based physicians.
With this acquisition CompuGroup Medical increases its
market shares in the Dutch pharmacy and doctor software
markets to around 45% and 15% respectively. Customers will
be provided with access to the international product
platform of CompuGroup Medical and benefit from SAM
solutions (intelligent software assisted medicine) that are
worldwide leading in terms of innovation and security.
In this transaction CompuGroup Medical also acquires a 51%
majority holding in MediPharma Online, a start-up
enterprise in the field of networking between patients and
Frank Gotthardt, CEO of CompuGroup Medical AG, underlined
the relevance of this acquisition: "After the successful
acquisition of Ascon Euroned, today CGM Netherlands, the
purchase of Microbais is a crucial step towards extending
the market position in the Dutch pharmacy software sector.
At the same time we strengthen our coverage in the field of
ambulatory information systems. The highly positive
feedback from shareholders and employees of Microbais
regarding this transaction encourages us in using this
excellent start into the year 2012 with full power in the
best interest of our customers."
The purchase price amounts to approximately 15,0 million
Euro and will be financed from existing cash and credit
About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth
companies in the world. Its software products are designed
to support all medical and organizational activities in
doctors' offices, pharmacies and hospitals. Its information
services for all parties involved in the healthcare system
and its web-based personal health records contribute
towards safer and more efficient healthcare. CompuGroup
Medical's services are based on a unique customer base of
over 385,000 doctors, dentists, hospitals, pharmacies and
networks as well as other service providers. With locations
in 19 countries and customers in 33 countries worldwide,
CompuGroup Medical is the eHealth company with one of the
highest coverage among eHealth service providers.
Approximately 3,600 highly qualified employees support
customers with innovative solutions for
the steadily growing demands of the healthcare system.
Contact for media representatives:
CompuGroup Medical AG
Consultant Press & Media
P 49 (0) 261 8000-6100
F 49 (0) 261 8000-3100