The sale of Healthtech Consultants to Nordic Consulting Partners was the result of a successful international sale process. This founder-led succession driven transaction included a targeted canvass of strategic acquirers in Canada and the United States. The acquisition, Nordic’s first outside the US, was highly strategic as it provides them with a strong partner in the Canadian market that has deep and long-standing customer relationships in the healthcare community.
About the Company
Founded in 1983, Healthtech Consultants is the leading Canadian provider of IT solutions for the health sector. Healthtech is recognized as a top 10 Global Healthcare IT consulting firm by KLAS Research.
We were retained to help Healthtech’s founder and CEO, Susanne Flett, realize the significant value created in the business over 30 years. The sale process involved careful positioning of Healthtech to targeted healthcare focused IT consulting firms across North America. We were able to surface an attractive deal for our client by effectively managing a competitive process and through the resulting negotiations with Nordic.
“The Crosbie team was instrumental in providing advice throughout the transaction process. The team was able to understand the business and strategy very quickly and highlight the opportunity to potential buyers. They were extremely diligent throughout the process, providing critical advice and advocating on our behalf through to closing. We appreciate the high level of service provided by the Crosbie team and are thrilled with the outcome of the deal.”
Susanne Flett, Healthtech Founder