Alcidion Group Limited has acquired Silverlink PCS Software Limited for up to $61.1 million to expand its Patient Administration System offerings and strengthen its presence in the UK NHS market.

Target Information

Alcidion Group Limited (ASX:ALC) has successfully acquired Silverlink PCS Software Limited for a total of up to $61.1 million (£33.0 million). Silverlink is recognized as one of the largest remaining specialist Patient Administration System (PAS) providers within the UK National Health Service (NHS) market. Notably, Silverlink’s PAS is regarded for its flexibility and cost-effectiveness, allowing for seamless integration with other clinical systems. This modular approach helps healthcare facilities reap the advantages of a full Electronic Patient Record (EPR/EMR) system without being locked into a single supplier.

The acquisition of Silverlink enhances Alcidion's foundational capabilities in healthcare data management, positioning them to offer a comprehensive product suite. When integrated with the Miya Precision clinical platform, it creates a strategic pathway to develop a modern, cloud-native, modular EPR solution that meets the evolving needs of the healthcare industry.

Industry Overview

The UK healthcare sector is navigating an evolving landscape marked by increasing demand for comprehensive digital solutions that can enhance patient care and operational efficiency. W

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Alcidion Group Limited

invested in

Silverlink PCS Software Limited

in 2021

in a Merger deal

Disclosed details

Transaction Size: $61M

Revenue: $5M

EBITDA: $3M

Enterprise Value: $61M

Equity Value: $61M


Multiples

EV/EBITDA: 19.4x

EV/Revenue: 11.7x

P/Revenue: 11.7x

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