Harris Computer Systems - Collain Healthcare/LG CNS
February 2019
Buyer
Canada
Seller
United States
About the transaction
Collain Healthcare is the innovation leader in long term and post-acute care, holding multiple patents for the only EHR developed for skilled nursing facility and senior housing providers in the value-based care era. Collain was formerly a division of LG CNS, a subsidiary of LG Corporation that provides information technology services. Harris, a subsidiary of Constellation Software, provides software solutions to the public sector, schools, utility and healthcare organizations. With this announcement, Collain also unveiled the launch of its brand-new Electronic Health Records Platform, Enterprise Resource Planning Suite, and Virtual Care platform with connectivity to hundreds of wearables, remote monitoring devices and secure HD Video telemedicine.
Transaction assisted by
This was a challenging divestiture with timing constraints. It was further complicated by the simultaneous acquisition of our strategic business partner that completed our continuum-of-care healthcare solution. Corum had the reach to find the right buyer that understood our vision and the skill to guide us through the transaction.
