Deal: VitalHub Corp, through its local subsidiary VitalHub Australia Pty Ltd, has acquired QWAD Community Technologies, also known in the market as Community Data Solutions.

Value: Approximately $8.2 million

Area: Merger and acquisition

Key players: The Russell Kennedy team was led by principal Rory Maguire and supported by principals Samantha Taylor and Gina Tresidder, senior associates Amity Jarvis, Michael Cassidy and Abbey Burns, associate Jaqueline Wilson, and lawyers Kathryn Bastounas and Harrison Gray.

Deal significance: VitalHub Corp is a Canada-headquartered company with an Australian subsidiary, VitalHub Australia Pty Ltd, and serves more than 400 clients across both markets plus the US, UK, the Middle East, and Europe.

The group provides technology to health and human services providers, including hospitals, regional health authorities, mental health, long-term care, home health, and community and social services. Its solutions span the categories of electronic health record (EHR), case management, care coordination and optimisation, and patient flow and operational visibility solutions.

Community Data Solutions was founded in 2010 and is based in South Australia. It currently serves over 350 agencies located across Australia.

VIEW ALL

The group offers an online case management system and supporting products that are used to assist workflows in the community services sector, including counselling, casework, anti-poverty programs, foster care, aged care and disability services. 

Russell Kennedy principal and transaction lead Rory Maguire said the firm was pleased to assist VitalHub with its acquisition of Community Data Solutions.

“We were thrilled to assist VitalHub on its successful acquisition of Community Data Solutions,” he said.

“As its first acquisition in Australia, this represents an exciting expansion opportunity for the business, and we look forward to seeing its continued growth in the local market.”

Commenting further, VitalHub chief executive Dan Matlow said: “Although we already have some great customers in Australia, the acquisition of CDS provides us with a strong foundation to continue to accelerate our growth in a new market.

“We believe that Australia represents a great opportunity for expansion for all our product lines, and we now have a fully operational organisation as a basis to build upon.”