Medisys Corporate Health, a provider of health services and a portfolio company of Persistence Capital Partners, has acquired Plexo, a provider of corporate health services based in Quebec.
“This acquisition will help support our mission to provide corporations with preventive health services that are customized, efficient and effective. We look forward to welcoming Plexo’s team of 150 employees and over 200 physicians, who will continue to deliver excellent client service as part of Medisys,” said Jean Bourcier, President of Medisys.
Plexo is a provider of corporate health services and operates clinics in Montreal, Trois-Rivieres and Drummondville. The company was founded in 1988 and is based in Montreal (www.plexo.ca/en).
“In this fragmented industry with few national providers, there is an opportunity to provide outstanding corporate health services to our clients, be they local, regional or national,” said Dr. Sheldon Elman, Founder and Chairman of Medisys. “The acquisition of Plexo is an important step forward in our strategy to consolidate and reinforce our position as the leading national corporate health services provider.”
Medisys Corporate Health is a provider of healthcare services to individuals and corporations. Medisys provides preventive, diagnostic and consultative healthcare services to more than 4,000 corporations. The company operates facilities in Montreal, Toronto, Ottawa, Calgary, Vancouver and Quebec City. Medisys was founded in 1987 and is headquartered in Montreal (www.medisys.ca/en).
Persistence Capital Partners invests in Canadian based or operated healthcare companies that have EBITDAs from $1 million to $10 million. The firm is headquartered in Montreal (www.persistencecapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 4-25-13
