Irish health technology and services company Clanwillian Group has made an entrance into the local market, buying low-profile NSW Central Coast-based Medical Business Systems, which specialises in billing and practice management software for anaesthetists.
Clanwilliam, which is part of the huge, US-based Eli Global private equity firm that specialises in long-term buy-and-hold investments, is understood to have been interested in buying GP desktop software firm MedicalDirector when it was up for sale last year. MedicalDirector was eventually bought by Asia-Pacific private equity firm Affinity for a cool $155 million.