IntelliCentrics sells shares of Inception Point Systems for a total of US$2.465B
Date Closed
April 25, 2024
Value
2.47 Billion USD
On April 25, 2024, IntelliCentrics Holding ("IntelliCentrics") completed its sale of all issued shares of Inception Point Systems Ltd. ("Inception Point") for a purchase price of US$2.465 billion. Previously, on February 9, 2024, IntelliCentrics and Symplr Software LLC ("Symplr") had entered into a share purchase agreement, pursuant to which IntelliCentrics agreed to sell, and Symplr agreed to purchase, the shares representing the entire issued share capital of Inception Point. At completion, there was no supplement to the purchase price, and Inception Point's shares have been delisted from the Hong Kong Stock Exchange, effective on May 8, 2024.
IntelliCentrics, based in Flower Mounds, Texas, is a technology company focused on healthcare safety and operational efficiency.
Inception Point, headquartered in London, United Kingdom, specializes in professional services.
McCarthy Tétrault advised IntelliCentrics with a team led by Robert Brant that included Véronique Wattiez Larose, Obruche Heinanen and Denise Brierley.