Clanwilliam Group, advised by Goodbody, has been acquired by TA Associates. Deal consideration was reported to be c. $450m (€414m). The transaction is subject to regulatory approval.
Clanwilliam is a Dublin-based global healthcare technology provider specialising in electronic health record (EHR) technology. Founded in 1996 and led by CEO Howard Beggs, Clanwilliam employs over 950 staff with operations in the UK, Ireland, Australia, and New Zealand, generating over three-quarters of its revenue internationally. In FY Dec’23, Clanwilliam reported a turnover of c. €95.8 m, which converted to an EBITDA of c. €32.9m.
TA Associates is a global private equity firm headquartered in Boston.