Ottawa, ON – Harris, a global vertical market software provider and acquirer, acquires K2 Medical Systems Holdings Limited (K2 Medical Systems), a UK-based company providing specialized maternity ward software solutions to international markets.
This acquisition adds a significant international foundation to the Harris healthcare group and its expansion into the maternity sector, building upon its recent acquisition of Meridian Health Informatics in Australia. Harris Healthcare Group President, Jerry Canada comments: “K2 Medical Systems has expanded considerably since its inception over twenty years ago, and we look forward to entering a new stage of growth together.”
K2 Medical Systems offers support at each stage of the pregnancy journey with a suite of software solutions, including electronic health records, labour and delivery risk reduction, fetal and blood pressure monitoring systems, and interactive e-learning perinatal training programs. CEO and co-founder, Dr. Robert Keith, remarks: “K2 has always been passionate and dedicated to improving maternity care and Harris respected our vision and goals for the company. Through collaboration and sharing of best practices, we look forward to growing with Harris.”
K2 Medical Systems will maintain its autonomy and Dr. Robert Keith will continue to lead the business as Executive Vice President.
KPMG Corporate Finance acted as lead advisor to the sellers on this transaction.
About K2 Medical Systems
K2 Medical Systems is a multi-award winning innovation and technology company, dedicated to improving maternity care for all. Initially starting as a perinatal research group within a busy maternity department in 1989 and formed a decade later, it is now a global organization with offices in the UK, Australia, and America, and agents based in the Middle East. The research, which began over 29 years ago, continues today to provide an ever-increasing and comprehensive portfolio of innovative and pioneering solutions to support clinicians, improve care, and reduce poor birth outcomes.
About N. Harris Computer Corporation (Harris)
Harris acquires vertical market software businesses, manages them using industry best practices, and builds them for the future. Through acquisitions, Harris has grown extensively from its roots in the utilities, local government, education, and healthcare sectors to operate over 130 businesses globally across more than twenty industries. Harris is an operating group of Constellation Software Inc. (TSX: CSU), one of North America’s most active acquirers of software businesses.
For further information contact:Jerry Canada, Jr.
Group President, Healthcare
Phone: +1 716-297-8005 Ext. 221