Monday 07 November 2022

*UKHotViewsExtra* System C positions for growth

System C logoIt has been an eventful couple of years for health and care software and services provider System C, which celebrates its fortieth birthday next September. We recently caught up with new CEO Nick Wilson to learn more.

The Maidstone-headquartered supplier turned over just north of £100m in the year ending March 2022 with the majority coming from the UK and 73% from healthcare (as opposed to social care – local government by our definitions). This performance was sufficient to see System C break into our Top 20 rankings for suppliers of software and IT services (SITS) to the UK Health market in 2022, taking the 19th spot with health revenues up 34% year-on-year (see the Health Software & IT Services Suppliers, Trends & Forecasts 2022-2025 report).

As avid UKHotViews readers will recall, System C was sold by founders Dr Ian Denley and Markus Bolton in February 2021 to CVC Capital Partnerswhich also took a minority stake in its sister company, Graphnet Health, at the same time. In July the same year, System C acquired Careflow Medicines Management (formerly Wellsky International) and in the November, Graphnet acquired remote patient monitoring specialist Docobo.

UKHotViewsExtraThis year, the focus for System C has been on building out the management team and taking steps to transform the business with increased investment in systems, processes, and R&D. 

TechMarketView subscription clients, including UKHotViews Premium subscribers, can read the full story in UKHotViewsExtra from today – System C positions for growth.

Posted by Tola Sargeant at '08:59' - Tagged: software   integratedcare   healthcare   social+care  

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