Michelmores advises The Learning Clinic founder on its sale to System C
Michelmores' Corporate Finance team has advised Roger Killen, founder of Exeter and London-based mobile clinical specialist, The Learning Clinic, on its sale to System C, a health and social care software provider.
The Learning Clinic employs 59 clinicians, technologists and other experts, and is best-known for its VitalPAC vital signs recording software. This enables clinicians to capture, assess and act on clinical data at the patient, ward and hospital level – it's used at more than 50 hospitals across England.
The benefits of the VitalPAC solution are well documented in peer-reviewed journals such as the BMJ journals and the Nursing Times. Hospitals report reductions in mortality rates (10%), cardiac arrest rates (50%), unplanned ITU admissions (10%), length of stay (10%) and hospital acquired infections (90%).
The Learning Clinic has also developed advanced bed management and whiteboard software in its new VitalFLO product, designed to transform the flow of patients.
Following the deal, System C plans to integrate additional clinical functionality into the VitalPAC and VitalFLO products, including workflow, results and ordering, as well as access to care community shared records. The combined business will employ around 500 people.
System C joint chief executive, Ian Denley, commented:
“The Learning Clinic is a clear market and thought leader in clinical solutions, its products are held in high regard by users, and we are delighted they have joined the System C group.”
Roger Killen commented:
"I hugely appreciate the consistent quality advice that Michelmores has provided me and The Learning Clinic since the business was founded – and I look forward to this next, exciting chapter for the company".
London law firm Harbottle and Lewis acted for The Learning Clinic and Travers Smith acted for System C.
For more information please contact Richard Cobb, Corporate Partner and part of the Manufacturing team on Richard.firstname.lastname@example.org or 01392 687500