Main Capital-backed Alfa acquires Joliv

A report in Het Financieele Dagblad cited Main Capital managing partner Charly Zwemstra as saying that it had paid €6-7m for the company.

Main Capital plans to merge Joliv with Alfa, also a Swedish e-health software company, which it acquired in April 2020 for €15-20m. The combined group will service more than 500 Swedish care institutions.  

The GP has recently been investing from its sixth fund, Main Capital VI, which held a final close on €564m in May 2020. Following the acquisition of Alfa, its fourth deal from the fund, the vehicle was 14% deployed. 

The combined revenues of Joliv and Alfa are €10m and the GP aims to increase that figure by five times in four years' time, partly via more acquisitions.

Company
Founded in 1999 and based in Västerås, Joliv provides a range of eHealth solutions to more than 120 clients mainly in the elderly care market.

Its largest product is Mobil Omsorg, a software-as-a-service that enables planning and support for home, elderly and social care. According to its LinkedIn page, the company employs fewer than 50 staff. 

People
Main Capital Partners – Charly Zwemstra (managing partner). 
Joliv – Christian Stromblad (executive chairman). 
Alfa – Albert Winter (managing director). 

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Portfolio management
• Nordics
• Technology
• healthcare
• Sweden
• Build-up
• Main Capital
• Buy-and-build
• Nordic healthcare