Hg Pooled Management Limited invests in Intelerad Holdings Inc.
February 21, 2020
On February 21, 2020, Hg Pooled Management Limited (Hg) acquired a majority interest in Intelerad Holdings Inc. (Intelerad). The transaction will reinforce Hg's focus on healthcare technology and help Intelerad maximize business and health outcomes. Intelerad joins four leading healthcare technology companies as the 5th healthcare technology investment in Hg's portfolio. The investment will be made from Hg's Hg Genesis 8 Fund and represents the first investment in Canada and second investment led by Hg's New York office, which opened in 2019.
Hg Pooled Management Limited is a private equity investor focused on software and service businesses. A core investment sector for Hg is healthcare technology, including healthcare operations, core systems, life sciences digitization, interoperability and population health.
Intelerad is a leading global provider of medical imaging software specialising in diagnostic viewing, reporting and collaboration solutions for radiologists. Intelerad serves numerous organizations globally including radiology groups, imaging centers, clinics and reading groups, and has a strong and growing presence in hospital imaging departments.
McCarthy Tétrault advised Hg Pooled Management Limited with a team led by Jonathan See and Scott Bergen that included Hadrien Montagne, Alexandra Tremblay, Loïc Sanscartier, Camille Paquette, Laetitia Ouedraogo, Richard O’Doherty, François Dupuis and Zachary Masoud (Business), James Papadimitriou, Matthew Pekofsky and Elizabeth Rafferty (Real Property and Planning), Raj Juneja, Marie-Soleil Landry and Anthony Sylvain (Tax), Oliver J. Borgers and Kate McNeece (Competition), Lisa Melanson and Benjamin Lai (Intellectual Property), Vincent Yip (Technology), Jacques Rousse and Laurence Landry-Plouffe (Labour and Employment) and Dominique Amyot-Bilodeau and Amelia Fong (Environmental).