The Canadian Press
TORONTO - Canadian healthcare IT firm Logibec Inc. will be sold to US private equity firm GI Partners under an agreement announced Friday.
OMERS Private Equity, part of one of Ontario's major public sector pension systems, says it will sell the Canadian portion of Logibec's business and retain its U.S. subsidiary MatrixCare, which will be spun out as a separate company.
Logibec is a leading Canadian healthcare IT company with that develops clinical and administrative information systems for the health and social services sectors.
MatrixCare provides electronic health records for providers of long-term care and senior living services.
Financial terms of the deal between OMERS and GI Partners weren't disclosed.