Regent Assay advises InfoFlex, the digital health software specialist, on its acquisition by Civica
UK based healthcare software specialist Chameleon Information Management Services Limited and its subsidiary, Flex Software Limited, trading as InfoFlex has been acquired by Civica UK Limited, the wholly owned subsidiary of Civica, a global leader in software for public services.
With over 25 years’ experience in the healthcare sector, InfoFlex provides a market-leading cloud enabled application with trust-wide and cross-organisation capabilities. A signatory to techUK’s Health & Social Care Interoperability Charter, its software integrates with existing hospital systems, across 65 clinical specialities including; cancer services, digital remote monitoring solutions (RMS), Inflammatory Bowel Disease (IBD) and endoscopy. InfoFlex has more than 40,000 users across over 130 NHS trusts. During the COVID-19 pandemic, trusts have used InfoFlex in innovative ways to manage data collection and reporting. In one example, West Hertfordshire Hospitals NHS Trust used the software to set up a Virtual Hospital for the administration of patients being cared for in the community.
Marc Warburton, InfoFlex Chief Executive added: “As the next stage of our development, we’re excited to be joining Civica. This will enable us to benefit from the opportunities and expertise of the wider Group, helping us to support more customers in providing the data and information management software and innovation to improve health outcomes.”
Wayne Story, Civica Group CEO, said: “I am delighted to welcome InfoFlex into the Civica Group. The company’s market leading software and sector experience will strengthen our presence and expertise right at the heart of the NHS. We’re excited about the opportunities ahead to add even more value and digital capability for our customers and further help transform the way trusts deliver clinical care.”
Pradip Somaia, Partner at Regent Assay commented: “InfoFlex’s secure, clinically led, function rich, proprietary information management software, which enables efficient workflow and data management, fits very well into Civica’s excellent software portfolio. Both companies share a common goal of building software that enables a more efficient and effective UK Public sector and a combined offering by Civica will enable trusts to transform the way they deliver clinical care. It was a real pleasure to be advising InfoFlex and believe the synergies will be immense for both parties as they can further exploit and develop innovative digital software for the healthcare space. Both parties displayed the utmost level of professionalism and integrity throughout the transaction and we all wish them a great future together.”
Marc Warburton, Chief Executive, InfoFlex commented on Regent Assay’s role in the transaction: “I want to thank you Ian, Pradip, Gerard and Hana at Regent Assay for your expert handling of this sale, you made it a (relatively) stress free process and enabled us to find the level of company we were hoping for to secure the work we’ve done over the last 25 years! I am particularly grateful to Regent Assay Partner Pradip Somaia for his wholehearted efforts in such challenging times. His commitment to this project was brilliant. It has been excellent working with the Regent Assay team and I learned a huge amount throughout this process.”
Regent Team comprised Ian Bussey, Partner, Pradip Somaia, Partner, Hana Glanville, Transaction Support Executive and Gerard Halligan, Executive.