NEWS: Russell Kennedy’s M&A team acts for VitalHub on its acquisition of Community Data Solutions


Russell Kennedy has advised Canadian based VitalHub Corp. (TSX: VHI) on its AUD $8,197,155 acquisition of QWAD Community Technologies Pty Ltd, doing business as ‘Community Data Solutions’ (CDS), a technology business operating in the healthcare and community services sectors.

The all-cash acquisition was made through VitalHub’s local subsidiary, VitalHub Australia Pty Ltd, and represents the company’s first expansion in the Australian market.

VitalHub provides technology to Health and Human Services providers including Hospitals, Regional Health Authorities, Mental Health, Long TermC are, Home Health, Community and Social Services. VitalHub solutions span the categories of Electronic Health Record (EHR), Case Management, Care Coordination & Optimization, and Patient Flow & Operational Visibility solutions.

The Company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite, and pursuing an aggressive M&A plan. Currently VitalHub serves more than 400 clients across Canada, USA, UK, Australia, the Middle East, and Europe.

Founded in 2010 and based in Adelaide, South Australia, CDS offers an online case management system and supporting products that are used to support many critical workflows in the Community Services sector including counselling, casework, anti-poverty programs, foster care, aged care, and disability services. The product suite includes customer relationship management, business intelligence, and outcomes management tools as well as integration with timesheet and rostering functionalities. CDS serves 350+ agencies located in all states and internal territories of Australia with its 19 staff based in South Australia and New South Wales.

The Russell Kennedy team was led by Principal Rory Maguire from the firm’s Corporate Advisory / M&A team, with assistance from Amity Jarvis, Senior Associate (Corporate Advisory / M&A), Jaqueline Wilson, Associate (Corporate Advisory / M&A), Samantha Taylor, Principal (Property), Kathryn Bastounas, Lawyer (Property), Abbey Burns (Employment), Harrison Gray (Employment), Gina Tresidder, Principal (IP/Trademarks) and Michael Cassidy, Senior Associate (IP/Trademarks).

Russell Kennedy Principal and transaction lead, Rory Maguire, commented on the success, saying: “We were thrilled to assist VitalHub on its successful acquisition of Community Data Solutions. As its first acquisition in Australia, this represents an exciting expansion opportunity for the business and we look forward to seeing its continued growth in the local market.”

Dan Matlow, VitalHub CEO, commented on the Acquisition stating: “Although we already have some great customers in Australia, the acquisition of CDS provides us with a strong foundation to continue to accelerate our growth in a new market. We believe that Australia represents a great opportunity for expansion for all our product lines and we now have a fully operational organization as a basis to build upon.”

Greg Were, co-founder of CDS, commented as follows: “As Community Data Solutions grew in the last three to four years, we had multiple enquiries from organisations seeking to purchase CDS. We are very pleased to have found a partner in VitalHub that understands our unique culture and offering in the Australian market and seeks to expand upon this with their other internationally deployed software solutions. We believe this will greatly complement the diversity of products available in the Community Services and Health sectors in Australia and New Zealand which ultimately benefits the day-to-day end users, administrators, and both public and private funding sources.”

Tom Twelftree, CEO of CDS commented as follows:“We look forward to our new journey with VitalHub. We believe the innovation and broader product suite of software solutions that VitalHub will bring to this market will provide healthy competition and excellent value for money for our customers and for the broader Community Services and Health sector organisations.”

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Rory Maguire 

 Rory Maguire


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