Clearwater International advise on the sale of Cetrea to Getinge-owned Maquet

Dato

Cetrea is the leading supplier of healthcare-IT within clinical logistics and patient flow management; with customers at more than 70 departments in 21 hospitals in Denmark, as well as hospitals in Sweden and Finland. Via the use of advanced pervasive computing technologies, the patient flow management system handles any logistical flows in and around the hospital and across any department, thereby securing a real-time overview of clinical work and location of personnel, direct and immediate communication and coordination anywhere and any time. The solutions, available as both departmental specific as well as hospital-wide, are based on the latest concepts, technologies and hardware, such as access to Real Time Information, Push-messaging technology and Indoor Tracking technology.

Cetrea was founded in 2006 by a group of computer scientists from the University of Aarhus; based on a research project completed with the Hospital of Horsens in Denmark. Cetrea and its products have been awarded several prizes, including the Red Herring Global Top 100 Winner (2011). Maquet is a global leader within medical systems and offers innovative therapy solutions and infrastructure capabilities for high-acuity areas within the hospital – e.g. operating rooms, intensive care units and patient transport. Maquet is the largest subsidiary of the publicly listed Getinge Group AB of Sweden.

The transaction gives Cetrea access to a strong partner with a diverse international sales network, which can take the clinical logistics solutions worldwide, while at the same time strengthening the IT-platform of Getinge and Maquet.

Clearwater International acted as exclusive financial adviser to the owners of Cetrea in a structured sales process with several international buyers. Partner Søren Nørbjerg, Director Lars Rau Jacobsen and Senior Associate Louise Kamp Petersen led the process.

“This partnership opens up the global market for CETREA’s clinical logistics solution. Our company has established itself as the leading supplier of advanced technology for clinical logistics…in Scandinavia. CETREA and its solutions have proven mature and scalable in a local context and this partnership with a global player with advanced technology for OR integration is a perfect fit for the further strategic development of CETREA.” Freddy Lykke, CEO, Cetrea

“The integration of Cetrea will create synergies that enhance the existing Maquet and Getinge healthcare IT businesses and provide a platform for future expansion into attractive hospital IT markets. We plan to bring the Cetrea products to a global market but at the same time keep it true to its roots and loyal initial customers in Denmark.” Markus Medart, President of Surgical Workplaces, Maquet GmbH