Grant Thornton advises RLDatix

RLDatix provides a broad range of governance, risk and compliance (GRC) software solutions to healthcare providers globally. It is backed by TA Associates, Five Arrows and Nordic Capital. Allocate Software (Allocate) provides comprehensive Human Capital Management (HCM) software solutions to the same industry.

RLDatix entered into an agreement to acquire Allocate – a combination which would be transformational for both businesses. The rationale for the deal included benefits arising from cross selling complimentary GRC and HCM product sets, geographic fit, significant cost synergies and creating a scaleable platform for future acquisitions. 

Our experienced team worked with the enlarged RLDatix team to deliver the integration successfully, exceeding the financial benefits which were targeted. The acquisition of Allocate was transformational for RLDatix and created a market leading healthcare software business, a highly scaleable platform for further acquisitions and a global organisation of over 1,400 people.