Advising Activa Capital on the financing of a senior debt for Activa’s takeover of the group formed by Medisys and Cityzen
Advising Activa on the financing of a senior debt provided by the historical banking pool and LCL for Activa’s takeover of the group formed by Medisys and Cityzen, software publishers for the medical and social sector. The majority shareholder of the new Group is Activa Capital, already a shareholder of Medisys, which is reinvesting through the first investment of its new fund, Activa Capital Fund IV. As part of this transaction, Activa Capital is supported by Turenne Santé and Groupe UP,as well as the historical shareholders of Medisys and the Management team.
Cityzen(a subsidiary of the Groupe UP) and Medisys are publishers of software for social action management and software for organizations providing support services,care and hospitalization at home or in medical facilities. With the support of their investors, Activa Capital, Turenne Santé and Groupe Up, Cityzen and Medisys are coming together to form the leader in the French market.
The new Group, with 450 employees, becomes the leader in digital transformation and software solutions for social action, medico-social and personal services. Its software offer covers all functionalities, allowing a 360 ° management of the beneficiary’s pathway and equipping more than 80 Départements(French counties) and around 11,000 private companies and public local organizations.Link to the article