DAS Health acquires Integra to strengthen healthcare IT offering

04 January 2018 Consultancy.uk

The global appetite for mergers and acquisitions among professional services firms in the health sector has continued into 2018, with the purchase of Integra IT Solutions by DAS Health. The Las Vegas-based Integra is DAS Health’s fifth acquisition in recent years, as the firm bids to expand in anticipation of uncertainty in the healthcare segment.

Thanks to its aggressive campaign of acquisitions which has seen DAS bolt on five firms in less than three years, the company is already a leader in patient-centric health IT and management services and the largest national reseller of medical software. The firm additionally offers cloud hosting, managed IT, Security Risk Assessments, and MIPS/MACRA consulting, and medical billing solutions, among other services.

Technology is increasingly being viewed as a key asset in alleviating the increasingly strained healthcare systems of the Western world, with ageing populations meaning that time and resources must be better managed. Meanwhile, health insurance premiums are continuing to rise globally, making the health consulting segment particularly lucrative at present.DAS Health acquires Integra to strengthen healthcare IT offeringSubsequently, competition has become heated in the sector over the previous year in particular, as a number of consultancies participate in an arms race of sorts to best tap into the health market. In 2017, this saw Atos acquire three firms in the healthcare space, while the Advisory Board cashed in on its health education arms in a $26 billion sale.

Las Vegas-based Integra I.T. Solutions, an IT services provider, will further broaden DAS Health’s electronic health record services, and technology solutions while enhancing customer support and care. DAS plans to integrate Integra employees into its overall team, further expanding the company’s skill sets and talent pool. DAS will maintain its national headquarters in Tampa, Florida, and expects to merge its existing west coast operations into Integra’s Las Vegas office, in Nevada. The expanded company will now serve nearly 2,000 clinicians and more than 600 practices nationwide.

“Together with Integra’s suite of services, DAS Health will now be able to share new benefits and better serve both our existing and new clients,” David Schlaifer, DAS Health President and CEO, stated. “This acquisition marks an exciting phase of DAS’ continued rapid growth and ability to help independent physicians prosper in an evolving industry.”

Deepak Shroff, Managing Partner of Integra I.T. Solutions, who will be remaining in his position throughout the acquisition, added, “Joining the DAS Health brand allows us to expand and enhance our existing services, raising the bar as a business partner and healthcare solutions provider. I know that our clients are in good hands, with top of the line support from a recognized expert in the industry.”

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SQW Group purchases property-based regeneration consultancy

19 April 2019 Consultancy.uk

UK consulting firm SQW Group has completed its first acquisition since it completed a management buyout in January 2019. BBP Regeneration joins the company having collaborated with SQW for more than 20 years.

Established in 1983, SQW Group now operates all over the world. Comprising SQW, Oxford Innovation, Oxford Innovation Services – one of the UK’s leading innovation centre operators – and Oxford Investment Opportunities Network, the organisation’s origins can be traced to Britain’s two ancient university cities: Oxford, through Oxford Trust founders, Martin and Audrey Wood, and Cambridge, through SQW’s work in producing The Cambridge Phenomenon.

The consultancy specialises in public policy, working with entities from the public, private and voluntary sectors to research, develop, implement and evaluate social and economic development interventions. It now employs over 250 people across regional offices in London, Oxford and Edinburgh, and provides business support to over 4,000 entrepreneurs and small businesses each year. At the start of 2019, SQW secured its independence in a management buyout, advised on by M&A experts from Liberty Corporate Finance and Penningtons Manches.

SQW Group purchases property-based regeneration consultancy

SQW has strengthened its position as a provider of services across the business spectrum with the acquisition of BBP Regeneration. Founded in 1994, the consulting firm specialises in land and property-based regeneration and growth schemes, and is a leading social and economic development consultancy. 

The two firms first worked together over 20 years ago, when SQW and BBP collaborated to develop the first Regional Economic Strategy for the South East. More recently, they developed an economic strategy for Thanet and are now working together in locations stretching from Cwmbran via Oxfordshire to London.

With the addition of BBP, SQW can now provide an integrated advisory service for organisations developing property schemes which deliver economic benefit to their local area. By joining SQW, meanwhile, BBP hopes to further enhance its ability to support clients in delivering property and place-making ambitions. 

Speaking about the deal, SQW CEO David Crichton-Miller commented, “The UK more than ever needs solutions to the challenges of places – of high streets under threat, of meeting housing delivery targets, and of both economically over-successful and economically challenged towns and cities – and the combination of SQW and BBP is uniquely suited to developing those solutions. [This deal] brings together critical and complementary services relating to places to serve our clients with leading edge and practical advice.”

Andy Smith, Director of BBP Regeneration, added, “SQW shares with BBP the same values of seeking to provide outstanding, practical, real world advice that helps get buildings built and places developed.  We greatly look forward to the opportunities that come from joining our two organisations together.”