Legrand Care announces acquisition of Enovation
23 April 2024, Rotterdam – This morning Legrand Care, a leader in the innovative development of connected solutions for the health and social care sectors, announced the planned acquisition of Enovation, a provider of a platform for digital care and collaboration solutions. In recent years Enovation expanded its market-leading position in the healthcare industry and successfully became one of the few healthcare software providers to cover a wide spectrum of the connected care ecosystem with a presence in Northwestern Europe.
In 2018, Main Capital Partners made its strategic investment in Enovation and started its collaboration with the management team of Enovation. During this cooperation, Enovation transformed its profile significantly from a secure communication and information exchange vendor in the Dutch healthcare market, to a leading European connected care and eHealth platform provider focused on digital care and collaboration throughout the entire patient journey.
Enovation is well positioned to further capitalise on these achievements in the coming years, contributing further to digitising the healthcare sector throughout Europe. This step of joining Legrand Care, enables Enovation to leverage the joint expertise and knowledge to continue on its mission to contribute to a sustainable healthcare system, making good care accessible to everyone, everywhere, at all times.
Jeroen van Rijswijk, CEO of Enovation, comments on the combination with Legrand Care: “The past six years, Enovation was able to substantially improve its international profile and market position. This new chapter marks a wonderful next step for Enovation and we are excited to join Legrand Care and serve our clients even better, as we now have access to a lot of new expertise as well as great international execution power.”
Chris Dodd, CEO of Legrand Care, adds: “We believe that a combination of Legrand Care with Enovation is a key milestone and mutually beneficial. The wider business of Enovation will provide Legrand Care with a new long-term growth engine.”
This is a proposed transaction and is subject to standard conditions precedent. The acquisition is expected to be finalised shortly. Financial details will not be disclosed.
About Enovation
For more than 40 years, Enovation has been bringing technology and healthcare together. By facilitating digital care and collaboration between people, we make the care of today and the future possible. This is how we contribute to the sustainable healthcare system of the future, in which the human experience remains at the centre. Thanks to our platform, healthcare providers can focus on what is most important: time and attention for people. Our software supports digital care and collaboration throughout the patient journey. From early detection to remote monitoring and everything in between, our platform facilitates integrated care – at every step.
https://www.enovationgroup.com
About Legrand Care
Legrand Care is a brand specialising in the innovative development of connected solutions for the health and social care sectors. Legrand care is born from the integration of the brands that make up the Assisted Living and Healthcare (AL&HC) business unit of Legrand: Intervox, Neat, Tynetec, Jontek and Aid Call. With more than 40 years of knowledge and experience, the brands are brought together with shared values under a common strategic vision.
https://www.legrand.com/legrandcare
