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23 August 2017 | Firm News | Article by Gerallt Jones

Hugh James advises Cayder on its sale to Cambio

Hugh James has been advising Cayder in legal matters since 2008. The firm has recently helped the final sale of Cayder to Cambio Healthcare.

Cambio Healthcare has acquired Cayder under plans to increase its NHS footprint, boost revenues and earnings and actively participate in the drive to accelerate the NHS agenda for paperless systems and digital transformation.

Cayder will be integrated into Cambio’s UK business operation based in Reading with immediate effect.

The deal follows the appointment of Adrian Stevens as Cambio’s UK and Ireland chief executive to support growth in the business.

Peter Gille, group chief executive of Cambio Healthcare in Sweden, said:

“Cayder has healthy revenues, a strong pipeline, good technology, and talented people.

“Its patient flow and clinical solutions complement our own cosmic clinical products and fit perfectly with our UK strategy to deliver electronic patient records against the government’s paperless targets and digital agenda.”

Stuart Rankin, Cayder’s founder, added:

“The acquisition fits both Cayder and Cambio’s UK strategy and immediately creates a larger customer base and stronger UK market presence. As an SME, we faced increasing pressure with protracted NHS procurement cycles. Joining forces gives all of us the ability to grow exponentially and scale quickly with a sustainable business model.”

Stuart Rankin, has also commented on his experience working with Hugh James:

“Since founding Cayder in 2008 we’ve used Hugh James to help and guide us in all legal matters from Contract drafting, HR guidance through to supporting the final Sale of Cayder to Cambio Healthcare in 2017.

I’d also like to add that during the sale of Cayder when things become very intense they went the extra mile to ensure that everything got completed on time and to the usual high standards.

My personal thanks go to Greg and his team for all the hard work.”

You can read more about this in a recent article from Insider.

Author bio

Gerallt is a partner and head of the corporate and commercial team. Since joining Hugh James in 2005, Gerallt has led the team to be a leading player within the corporate and commercial market, advising clients including the Welsh Government, Princes Gate Water and the Development Bank of Wales.

Gerallt also has particular expertise in the sport and food & drink sectors, leading Hugh James’s relationships with clients in these sectors including the Welsh Rugby Union and Braces Bakery.

Disclaimer: The information on the Hugh James website is for general information only and reflects the position at the date of publication. It does not constitute legal advice and should not be treated as such. If you would like to ensure the commentary reflects current legislation, case law or best practice, please contact the blog author.

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