SAN FRANCISCO, CA, January 15, 2015 – GI Partners, a leading middle market private equity firm, announced today that it has completed the previously announced acquisition of Logibec, Inc. (“Logibec”), a Canadian healthcare IT company, from OMERS Private Equity.
Logibec is one of Canada's largest healthcare IT companies specialized in the development, marketing, implementation, and support of clinical and administrative information systems. The company has a team of over 300 professionals and a large number of healthcare facilities using the company’s software. Dedicated entirely to the health and social services sectors, Logibec was founded in 1982 and is headquartered in Montreal.
Harris Williams & Co. and National Bank of Canada acted as financial advisors, and Goodmans LLP served as legal counsel for Logibec. Davies Ward Phillips & Vineberg LLP served as legal counsel for management. William Blair & Company served as financial advisor, and Paul Hastings LLP and Stikeman Elliot LLP served as legal counsel for GI Partners. Financing for the transaction is being provided by Macquarie Corporate and Asset Finance Lending.
About Logibec Inc.
Logibec is a leading Canadian healthcare IT company that has been recognized and ranked in the Branham 300 Industry survey for the last 4 years as No. 1 among the Top Pure-Play Healthcare IT Companies in Canada. With over 30 years of dedication to the ever-evolving North American healthcare market, Logibec’s software and information systems meet the current and future needs of the health and social services sector. For further information, please visit: www.logibec.com.