ALTERNATIVE FINANCING FORMS
FOR ENTREPRENEURS AND INVESTORS
News

UHB Consulting acquires palliative care software provider Smart‑Q

Photo: The head­quar­ters of Main Capi­tal Partners
12. May 2023

Dues­sel­dorf, Germany — UHB Consul­ting AG (“UHB”), backed by Main Capi­tal Part­ners (“Main”), takes another step to streng­then its market-leading posi­tion in the German health­care soft­ware segment with the acqui­si­tion of pallia­tive soft­ware provi­der Smart‑Q. The merger will enable both compa­nies to further acce­le­rate recent deve­lo­p­ments and provide both UHB and Smart‑Q custo­mers with a broa­der and more compre­hen­sive range of health­care soft­ware solu­ti­ons. This merger is the first add-on acqui­si­tion since the stra­te­gic part­ner­ship with Main Capi­tal in 2022.

Foun­ded in 2010 by Daniel Zenz in Bochum, Germany, Smart‑Q provi­des a specia­li­zed pati­ent docu­men­ta­tion plat­form, ISPC, to over 550 custo­mers, inclu­ding hospi­tals, hospi­ces and univer­si­ties. The company also offers pain docu­men­ta­tion soft­ware and media­tion and liti­ga­tion soft­ware for public insti­tu­ti­ons (e.g. ethics commit­tees). Smart‑Q’s custo­mers include leading medi­cal asso­cia­ti­ons, univer­si­ties, hospi­tals and private care providers.

UHB is a leading provi­der of inno­va­tive finan­cial manage­ment, logi­stics as well as disas­ter reco­very solu­ti­ons for the health­care indus­try, head­quar­te­red in St. Wolf­gang near Munich. With over 80 employees, the company serves more than 800 faci­li­ties that rely on UHB Consulting’s products and years of expe­ri­ence. Custo­mers include some of the largest hospi­tals and medi­cal centers in Germany.

The merger will enable the newly formed group to expand and enhance its value propo­si­tion to exis­ting custo­mers with a highly comple­men­tary product offe­ring. Through the merger, Smart‑Q’s custo­mers will be able to take advan­tage of UHB’s disas­ter backup systems, while Smart‑Q will add value to UHB’s clini­cal custo­mers with its pallia­tive care docu­men­ta­tion soft­ware. The part­ner­ship is ther­e­fore a logi­cal first step in UHB’s inor­ga­nic growth stra­tegy. Toge­ther, the group employs an outstan­ding team of more than 100 people and expects to gene­rate sales well in excess of EUR 15 million.

Thomas Unter­hasl­ber­ger, foun­der and CEO of UHB, says: “With Smart‑Q, we can streng­then UHB Consulting’s market-leading posi­tion in the field of pallia­tive care for hospi­tals and hospi­ces. This part­ner­ship will allow us to expand our product port­fo­lio and custo­mer base, which in turn will make us even more attrac­tive and valuable to our customers.”

Daniel Zenz, direc­tor and CEO of Smart‑Q, added, “We are plea­sed to join forces with UHB and are confi­dent that this move will create signi­fi­cant value for both compa­nies and our customers.”

Yves Souren, Invest­ment Direc­tor at Main Capi­tal Part­ners, summa­ri­zes, “Since our part­ner­ship with UHB, we have worked to comple­ment the company’s inno­va­tive port­fo­lio of products and services through targe­ted acqui­si­ti­ons. The stra­te­gic merger with Smart‑Q is the first step in UHB’s inor­ga­nic growth ambi­ti­ons and will enable the group to expand into adja­cent custo­mer segments and broa­den the product offe­ring for its custo­mers. We very much look forward to working with UHB and Smart‑Q and will conti­nue to support the group in streng­thening its leader­ship posi­tion in the health­care sector.”

About UHB Consul­ting AG

UHB Consul­ting AG is a provi­der of inno­va­tive, process-orien­­ted and indi­vi­dual soft­ware solu­ti­ons for the health­care sector based in St. Wolf­gang near Munich. More than 800 faci­li­ties rely on UHB Consulting’s products and years of expe­ri­ence in health­care. The soft­ware solu­ti­ons offe­red stand for effi­ci­ency, user-frien­d­­li­­ness and a wide range of appli­ca­tion possi­bi­li­ties. Since 1998, UHB has been solving chal­len­ging proces­ses toge­ther with custo­mers and tail­oring the solu­ti­ons offe­red to their indi­vi­dual needs. Toge­ther with 80 employees and long-stan­­ding sales part­ners, UHB crea­tes holi­stic solu­ti­ons and can look back on a successful company history. https://uhb-consulting.de

About Smart‑Q GmbH

Smart‑Q, foun­ded in 2010 by Daniel Zenz in Bochum, Germany, is a soft­ware provi­der specia­li­zing in medi­cal docu­men­ta­tion systems. The company serves more than 550 health­care clients. With the ISPC soft­ware, the company offers a solu­tion that is the ideal solu­tion for many AAPV and SAPV teams, hospice staff and hospi­tals in Germany and faci­li­ta­tes the daily work in pallia­tive docu­men­ta­tion. In addi­tion, Smart‑Q deve­lops survey instru­ments for mobile pain recor­ding in doctors’ offices and for medi­cal rese­arch. The company has 22 employees (FTE). https://www.smart‑q.de

About Main Capi­tal Partners

Main Capi­tal Part­ners is a leading soft­ware inves­tor in the Bene­lux, DACH region and Scan­di­na­via. Main has nearly 20 years of expe­ri­ence streng­thening soft­ware compa­nies and works closely with the manage­ment teams in its port­fo­lio as a stra­te­gic part­ner to achieve sustainable growth and outstan­ding soft­ware groups. Main employs 60 people and has offices in The Hague, Stock­holm, Düssel­dorf, Antwerp and an affi­lia­ted office in Boston. Main has more than €2.2 billion in assets under manage­ment and curr­ently holds stakes in more than 150 soft­ware compa­nies. Toge­ther, these compa­nies offer about 9,000. www.main.nl

Subscribe newsletter

Here you can read about the latest transactions, IPOs, private equity deals and venture capital investments, who has raised a new fund, how Buy & Build activities are going.

Get in touch

Contact us!
fyb [at] fyb.de