A wholly owned subsidiary of the Abu Dhabi Investment Authority has acquired a significant minority stake in leading healthcare software provider Dedalus Holding S.p.A from the global private equity firm Ardian, which remains Dedalus’s controlling and majority shareholder.
Dedalus provides healthcare information, clinical and administrative software services to hospitals, clinics, laboratories, and doctors’ practices.
Hamad Shahwan Aldhaheri, executive director of the private equities department at ADIA, said, “This transaction combines two of our key sector focuses, in healthcare and technology, with the opportunity to back a strong, experienced management team alongside our long term partners at Ardian. Dedalus has an extensive range of software solutions with proven research and development capabilities, and our investment aims to support the company’s ongoing growth plans.”
Dominique Senequier, founder and president of Ardian, commented, “Since our investment in Dedalus in 2016, the company has become a European leader in the healthcare software business. Today, we welcome ADIA on board as we continue to support Dedalus in its journey to becoming a key international player in the market.”