Quadrant

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Quadrant - overview

Location

-, BC, Canada

Primary Industry

Software

About

Quadrant develops innovative healthcare technology solutions, focusing on enhancing operational efficiency for healthcare providers and improving patient care through a range of integrated products. Quadrant, a Canadian company, specializes in healthcare technology solutions, initially founded by Jan Verdenhalven and Tim Vorage, with Jeffery Winger and Luca Tribuiani serving as key executives. In December 2013, Logibec, Inc. acquired Enterprise Management Solutions from QHR Technologies for CAD 20 million, transitioning the company to operate under the Quadrant brand.


The company is headquartered in Canada and has established a significant presence across various provinces, including British Columbia, Alberta, Ontario, and Nova Scotia. QHR Technologies specializes in developing integrated healthcare technology solutions aimed at enhancing the efficiency of healthcare providers and improving patient care. Their core offerings include AccuroEMR, recognized as the largest single-platform electronic medical record (EMR) software solution in Canada, along with Medeo Virtual Care, Accuro Pharmacy EMR, and FreedomRx. These solutions facilitate better communication between healthcare providers and patients, streamline administrative tasks, and enhance the overall healthcare experience, serving a broad client base of healthcare professionals.


QHR Technologies operates on a subscription-based revenue model primarily for its flagship products, including AccuroEMR and Medeo Virtual Care. The company engages in direct business-to-business transactions with healthcare providers, who subscribe to their software solutions, which are offered under tiered pricing plans tailored to various organizational sizes and needs. Additionally, QHR's revenue is supported through partnerships with pharmacies and healthcare organizations utilizing their EMR and virtual care solutions. Quadrant intends to leverage its recent funding to enhance its product offerings and expand into new markets.


The acquisition of Enterprise Management Solutions is expected to strengthen its product portfolio. Quadrant plans to target further growth in Canadian markets while exploring opportunities to extend its reach across North America by 2015. The funding received from Logibec, Inc. will support the development of upcoming products and bolster its market presence.


Current Investors

Logibec, Inc.

Primary Industry

Software

Sub Industries

Consulting Services, Education & Training Software, HR & Workforce Software, Medical Software, Systems Management Software

Website

www.qhrtechnologies.com

Verticals

HealthTech

Company Stage

Add-on

Total Amount Raised

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Quadrant - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
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Quadrant - employee data

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