Cority Acquires Meddbase to Revolutionize Occupational Health Software
Deal News | Jan 23, 2025 | Globenewswire
Cority, a leader in Environmental, Health, and Safety (EHS) and Sustainability software, has announced the acquisition of Meddbase, a pioneer in cloud-native occupational medicine and medical practice management software. The acquisition strengthens Cority's commitment to enhancing workforce well-being and opens new revenue opportunities for occupational health service providers. Meddbase, founded in the UK in 2004, offers a feature-rich platform for healthcare management and has expanded its services globally. The synergy between Cority and Meddbase aims to meet the rising demand for innovative occupational health solutions in hospitals and healthcare systems. The acquisition enhances product development, market coverage, and support in various regions. Meddbase's solutions are set to be incorporated into Cority's Health Cloud. This partnership aligns with both companies' missions to empower healthcare providers and improve patient outcomes.
Sectors
- Healthcare Technology
- Enterprise Software
Geography
- United Kingdom – Meddbase is a UK-based company founded in 2004 and has a significant presence in the UK market.
- Canada – Cority, the acquiring company, is headquartered in Toronto, Canada, and is expanding its global footprint through this acquisition.
- North America, Europe, and Australia – Meddbase serves clients across these regions and Cority's acquisition aims to strengthen its presence in these territories.
Industry
- Healthcare Technology – The article discusses the acquisition of Meddbase, a company specializing in cloud-native clinical software for healthcare providers, by Cority, which is known for EHS and sustainability software solutions. This reflects the sector's focus on technological advancements in healthcare delivery and management.
- Enterprise Software – Cority and Meddbase provide enterprise-level software solutions for occupational health and medical practice management, indicating their involvement in the business-to-business software market.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cority | Acquiring Company | Company | Cority is a global leader in EHS and Sustainability software, headquartered in Toronto, Canada. |
| Meddbase | Target Company | Company | Meddbase is a pioneer in cloud-native occupational medicine and enterprise medical practice management software. |
| Ryan Magee | CEO of Cority | Person | Ryan Magee is the Chief Executive Officer of Cority. |
| Will Temple | Managing Director and Co-founder of Meddbase | Person | Will Temple is the managing director and co-founder of Meddbase. |