21 November 2018
Global healthcare technology specialist Clanwilliam Group, which has been investing heavily in New Zealand and
Australia, this week expanded into medical education with the acquisition of UK-based Obsidian Healthcare Group.
Clanwilliam Group also recently reached a €300m (just over NZ$500m) debt deal to fund its expansion plans. It completed
a €200m debt placement with asset management firm Alcentra, in order to refinance existing facilities and to finance
near term acquisitions, with a further €100m of follow-on capital earmarked for future growth.
Obsidian Healthcare Group is the 17th business to join Dublin-based Clanwilliam Group since it started its ambitious
mergers and acquisitions (M) strategy in 2014.
Clanwilliam recently invested in four Australasian companies; innovative Kiwi company Konnect Net, Auckland-based Health
IT company HealthLink, New Zealand pharmacy software company Toniq and New South Wales-based Medical Business Systems.
Obsidian Healthcare Group works with clinical experts to design and deliver innovative educational programmes for
pharma, biotech and healthcare organisations worldwide, as well as grant providers and medical societies.
As part of Clanwilliam Group, Obsidian Healthcare Group will retain its identity and independence as it continues to
support clients, grant providers and healthcare professionals.
Obsidian Healthcare Group founder and CEO Dr Wendy Mathias says becoming part of Clanwilliam Group marks a major step in
expanding its ability to accomplish the educational goals of its clients and grant providers across the world.
Clanwilliam Group CEO Howard Beggs says the long-standing success Obsidian Healthcare Group has had across the world in
helping to distil crucial information to healthcare professionals through high-impact education programmes, will be an
invaluable asset to Clanwilliam Group.
“Not only do we expect to see new opportunities in new markets as a result of our investment in Obsidian, but the
addition offers the potential to build our reputation as a trusted intermediary between innovation, clinical need and
patient outcomes, as we continue to expand our M ambitions.”
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BACKGROUND INFORMATION
Clanwilliam Group
Clanwilliam Group is an expanding family of businesses committed to healthcare technology and services. The group’s
rapid growth is due to its unique mergers and acquisitions philosophy and support for entrepreneurial spirit. Companies
run independently out of 17 global offices and their products and services help healthcare professionals deliver safer,
more efficient and better-quality care to millions of patients worldwide.
Clanwilliam ANZ companies:
Konnect NET: Established in 2008 to create a faster, more efficient way of managing insurance medical requests. It has
now also developed solutions for the insurance claims sector. Konnect NET’s primary customers are insurers and banks,
but the model is equally relevant to other organisations that need an intelligent interface with internal or external
business networks.
HealthLink: A market leading health-system integrator in New Zealand and Australia. Nearly all secure clinical
communications used in New Zealand are shared through HealthLink and it is the largest provider of secure clinical
messaging services in Australia.
Toniq: New Zealand’s leading developer of retail and pharmacy software and web-based medication charting system, 1CHART.
Medical Business Systems: Australia's leading practice management and billing software for anaesthetists.
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