Irish health technology and services company Clanwillian Group has made a big splash in its first entry into the New Zealand market, snapping up the market leading pharmacy and retail software vendor Toniq.

Clanwilliam is part of the US-based Eli Global private equity firm and has a number of GP, medical specialist, pharmacy and medical billing solutions in its portfolio, with a large footprint in the UK and Ireland. Earlier this year, it bought its first Australasian asset in NSW company Medical Business Systems.