Harald Quandt Industriebeteiligungen GmbH (HQIB) acquired a majority interest in mediCAD SRB Software GmbH and its subsidiaries in March 2023. The previous owner, Jörn Seel, will remain shareholder and CEO of the group. The parties have agreed not to disclose further details of the transaction.
mediCAD develops and distributes software for planning surgical operations in which joints are replaced (endoprosthetics) or preserved (traumatology and axis corrections). The product portfolio also includes innovative mixed reality solutions to support surgeons during operations and other value-added software tools. In total, nearly 3,000 hospitals and clinics and approximately 10,000 orthopedists and surgeons rely on mediCAD’s software solutions, which are approved in most parts of the world (FDA and MDR certified).
CODEX Partners provided the Commercial Due Diligence of mediCAD Group for HQIB.
CODEX Partners advises investors on commercial due diligence and vendor due diligence, strategy development, cost optimization, and restructuring of portfolio companies, as well as on developing industry platforms. Investors benefit from our experience of over 700 projects.
