Nordic Capital, a private equity investor investing in healthcare, technology & payments, financial services, as well as service & industrial tech, is to acquire a majority share in Sensio, a social care technology provider.
The investment is being made in partnership with the company’s management, while Longship, the company’s previous majority owner since 2018, will also invest as a significant minority owner.
Sensio, which provides smart monitoring technology for elderly and social care settings in the Nordics, is headquartered in Norway and serves several hundred care providers and operators across Norway, Sweden, Denmark and the UK.
The company’s products include the Sensio 365 software platform, the integrated Sensio Care wireless nurse call platform and RoomMate, a multi-sensory monitor for detecting and preventing falls.
Terms of the transaction, which is expected to close in Q3 2024 subject to customary regulatory approvals, have not been disclosed.
