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Main Capital backs Alfa’s acquisition of Joliv to create leading e-health player in Swedish healthcare market

Editorial team by Editorial team
June 16, 2020
in News, Health & Medtech, Startups
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Main Capital backs Alfa’s acquisition of Joliv to create leading e-health player in Swedish healthcare market
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In a bid to create a leading SaaS player in the Swedish care arena, Main Capital, a strategic investor that focuses on the software sector in the Benelux, Nordic and DACH regions facilitated a combination between Alfa and Joliv. With this succession, there will be a one-stop-shop solution in Sweden that will help care providers, as well as municipalities, improve the quality of care provision.

How will it benefit the care market?

The combination of Alfa and Joliv will result in a leading Swedish software provider for the care market that services over 500 Swedish care institutions. The joint product creates a one-stop-shop offering that will add value and increase efficiency in the everyday car processes of clients. With such a solution, care providers will be able to go through the digital transition of the healthcare sector and deal with cost pressures that arise from the ageing population.

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Joliv developed largest SaaS solution!

Founded in 1999 in Västerås, Sweden, Joliv provides a slew of e-health solutions serving over 120 clients in the elderly care market across 40 regions and municipalities. It offers a broad portfolio of innovative IT solutions that contribute to a quality-assured and safe work environment for care providers along with benefits such as more time for personal meetings with patients and minimised administration needs.

Recently, it bagged a large tender with Stockholms Stad and its largest product is Mobil OMSORG, which is a SaaS solution that provides high-quality planning and support to elderly, home and social care.

Alfa eyes create leader in the Nordic care market

Alfa founded in 1998 in Malmö, Sweden is a recognised software provider in e-health. It offers solutions to public as well as private healthcare providers across Sweden. Its customer base includes municipalities, private care providers, dentists, general practitioners, and public institutions. Its broad portfolio covers both complete information systems and niche products including electronic prescribing, care planning, medication information, and journaling.

With an organic growth strategy and smart strategic acquisitions, Alfa focuses on creating a leading player in the Nordic care market. And, it has taken the support of Main Capital that has experience in the European healthcare market. Well, Main Capital has invested in software groups such as SDB Group, RVC Medical IT, Enovation, etc.

Albert Winter, Managing Director of Alfa Group said, “The combination with Joliv creates a lot of value and possibilities for our joint customer base as well as strengthens our positioning in the market as the end-to-end strategic software partner in the care market. We look forward to building an innovative and successful future together with Joliv.”

Christian Strömblad, Executive Chairman, Joliv said, “I look forward to build an even stronger team together, where Joliv can continue on its successful strategy to become a leading brand in this industry and support our customer’s digitalization journey with great products and service. Joliv, with our purpose driven culture, recognized products, skilled expertise, and ability to speak our customer’s language, plays an important part in achieving this with our new partners”

Charly Zwemstra, Managing Partner, Main Capital said, “The combination of Joliv and Alfa creates a leading care software provider in the Swedish market and the combined offering will allow for adding further sustainable and strategic value to the end customers. Together with the joint management team of the combined Alfa Group we will keep working towards adding further value to the clients through expanding and developing the product offering both organically and by acquisitions.”

Main image picture credits: Joliv

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