Exclusive financial advisor to Talis Clinical
KPMG Corporate Finance LLC acted as exclusive financial advisor to Talis Clinical
KPMG Corporate Finance LLC is pleased to announce the sale of Talis Clinical LLC (Talis Clinical or the Company) to Getinge.
Headquartered in Streetsboro, OH, Talis Clinical is a leading provider of High Acuity cloud-based software solutions. The Company’s suite of applications is built on a highly innovative and sophisticated platform called Advanced Clinical Guidance (ACG-Engineâ„¢). The ACG-Engine comes with interfaces to a wide range of Point Of Care Devices, as well as Patient Data Management Systems and includes high value functions that facilitate oversight and process improvements.
“Connecting life-saving medical devices with other data sources and presenting the right data to the right clinician is instrumental in supporting better patient outcomes and lower treatment costs,” says Jens Viebke, President Acute Care Therapies at Getinge. “Talis Clinical enables this by combining state-of-the-art technology with a deep understanding of the real needs in high acuity settings, and will be a key cornerstone in Getinge’s digital strategy moving forward.”
“We are delighted to become part of Getinge,” says Gary Colister, president and founder of Talis Clinical. “We see incredible synergy in our missions and a tremendous opportunity to patients by working together.Â Now more than ever, clinicians working in high acuity care areas need scalable solutions that empower and engage them. Getinge will help us reach more clinicians and patients faster than we could have alone.”
According to Gary Colister, “My relationship with our lead KPMG banker, Karan Jolly, goes back several years and I was impressed with his knowledge of the industry and thoughtful approach to our company. The KPMG team showed a constant commitment to the Talis Clinical team and provided real guidance and insight throughout the process. Their attention to detail, proactive approach, and professionalism were key to guiding us through a successful transaction.”
Headquartered in Gothenburg, Sweden, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The Company’s offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs over 10,000 people worldwide and the products are sold in more than 135 countries.
KPMG Corporate Finance LLC
The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.
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Managing Director and Group Head, TMT Investment Banking, KPMG Corporate Finance LLC