Exit: Montagu sells Maincare to Docaposte
Paris/ Frankfurt a. M. — Montagu, a leading European private equity firm, is pleased to announce that it has agreed to sell Maincare, a provider of software for French public hospitals and health authorities, to Docaposte, the digital arm of the French Post Office. — The transaction is still subject to approval by the French competition authority.
Maincare offers a comprehensive range of hospital information systems in France, where it is a leader in electronic health records and solutions for hospital management, interoperability and telemedicine. With its integrated software suite, the company helps public hospitals, payers and insurers implement successful digital strategies for the benefit of patients.
Since acquiring Maincare in 2018, Montagu has worked with the company to respond to the rapidly changing needs of policymakers and hospitals, particularly in the wake of the Covid 19 pandemic. Significant investment in research and development led to the development of a new generation of electronic health records and the modernization of Maincare’s technology to ensure that its products are interoperable, SaaS-enabled and at the forefront of innovation in cybersecurity.
Under Montagu’s leadership, Maincare’s businesses acquired in the past were brought together organizationally and technologically to develop a common vision and strategy for the company and drive efficiencies. Led by a strong and unified management team, the changes helped create a customer-centric culture that puts the needs of medical staff and patients at the center of the organization.
Guillaume Jabalot, Partner at Montagu: “Maincare is an excellent example of Montagu’s strategy to partner with leading companies that offer important products and services. We are proud of the success that Maincare has achieved, and we are confident that the company will continue to thrive under Docaposte’s leadership.”
François-Xavier Floren, CEO of Maincare, commented, “Partnering with Docaposte will allow us to address one of the biggest challenges in our market — the importance of providing customers with long-term support from a trusted partner present in software, hosting and services. Over the past two years, with Montagu’s support, we have successfully implemented a transformation plan aimed at improving one of the persistent challenges of the French hospital system by giving time back to caregivers.” The management team and all Maincare employees are confident that the partnership with Docaposte will bring further significant value to our customers and the market.”