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Team advise on £14.9m sale

Martin Sweeney led a team advising EMIS Group on the sale of three of its businesses to public sector software provider Northgate Public Services for £14.9m.

The three businesses – Medical Imaging UK, MIDRSS and Digital Healthcare – provide diabetic eye screening software and other ophthalmology-related services in the UK and Ireland.

The total cash consideration for the disposal was £14.9m, made up of £14m paid on completion and £900,000 of contingent consideration. The cash generated by the disposal will be used for general corporate purposes, including investing in the main elements of EMIS Group's growth plans.

Martin Sweeney, Managing Partner, said "We are pleased to have advised EMIS on the sale of the businesses to Northgate Public Services and wish all parties the best for the future."

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About the Author

Martin Sweeney

Managing Partner

Martin is founder and Managing Partner of the firm and specialises in all aspects of Corporate and…

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