Omda AS, a leading provider of specialised software for healthcare and emergency response, today announced the acquisition of Predicare, a provider of decision support software in the emergency care sector. Including Predicare in Omda’s portfolio will further strengthen the group´s position in the Nordic market for emergency software solutions.
Omda has entered into a binding agreement to acquire 100% of Predicare AB. Completion of the transaction is subject to FDI filing and approval, which are expected to be obtained within five weeks of signing.
Predicare provides RETTS, an advanced triage system enhancing quality and efficiency in hospital emergency rooms. The solution helps prioritise the most critical patients, leading to better outcomes and more efficient resource use. It also reduces patient waiting times by quickly identifying patients who require hospitalisation, streamlining the overall emergency care process. RETTS is currently used by the majority of hospitals in Sweden (80%) and a significant portion in Norway (65%). Predicare has 10 employees and is based in Gothenburg, Sweden.
With the acquisition of Predicare, Omda continues to expand its product offering to the emergency community. Omda is already a leading provider of emergency software in the Nordics, and its innovative solutions are trusted by emergency service providers in 20 countries worldwide.
Johan Hedensiö, Executive Vice President of Omda Emergency sees significant opportunities from the acquisition: “Over the last 20 years, Omda has built a trusted position in the early parts of the emergency response value chain, with software supporting emergency call centre operators, dispatchers, first responders and communication between ambulances and emergency rooms. With the addition of RETTS, we can provide a complete suite of products, extending our offering all the way into hospital emergency rooms. This will be very attractive to our existing customers.”
Daniel Poté, Predicare CEO highlights the access to new markets: “Predicare’s solutions have become the go-to choice for triage in emergency care in both Norway and Sweden, and like Omda, we pride ourselves on long-term customer relationships. However, as a niche provider in a relatively small geography, joining Omda will give us the opportunity to expand our operations into new markets in Europe and beyond. We can form product solutions that provide more customer value, also in new markets. Afterall, the challenges of providing emergency care are universal, with patient outcomes and efficiency as the main objectives. We see that this transaction creates significant potential for accelerated growth.”
Acquisition details:
- Signing took place on October 4, 2024.
- Predicare had net sales of 13.5 MSEK in 2023 and budgeted sales for 2024 of 14 MSEK (management forecast).
- The acquisition of Predicare AB is expected to contribute ~3 MNOK in EBITDA to the business area in 2025.
- The agreed transaction price is 23.5 MSEK and will be settled in a combination of shares (11.5 MSEK based on VWAP last 30 days, NOK 33.4235) and the balance in cash.
- Haavind and RSM have acted as advisors on legal and financial matters.
About Omda
Omda is the leading provider of specialised software for healthcare and emergency services in the Nordics with a growing presence in Europe, North America and the Pacific region. The company serves more than 500 customers in 27 countries and employs more than 250 dedicated specialists. Our highly specialised healthcare solutions empower medical professionals and emergency responders, enabling them to know more and work smarter. With a focus on user-centric design, value-driven development and close working relationships with customers, Omda delivers solutions that enhance patient safety and improve healthcare outcomes.
About Predicare
Predicare develops the Rapid Emergency Triage and Treatment System (RETTS), a decision support tool designed to assist healthcare professionals across various emergency care settings. Since 2005, RETTS has been trusted by leading Nordic healthcare providers. Utilising a scientifically validated method to assess and prioritise patients’ needs, RETTS helps healthcare organisations standardise their emergency care processes. Continually refined with input from researchers, doctors, nurses, and first responders, RETTS offers a structured approach that improves communication, increases confidence, and ensures more consistent decision-making, ultimately supporting better patient outcomes.
For more information, visit www.predicare.com
For further information concerning the acquisition please contact:
Einar Bonnevie
Chief Financial Officer, Omda AS
+47 91 55 45 32
einar.bonnevie@omda.com
