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DLA Piper advises healthcare technology leader Lincor Inc. on merger with Hills Health Solutions

22 Sep 2016

Global law firm DLA Piper has advised international healthcare technology leader Lincor Inc. on its proposed merger with Australian health service business Hills Health Solutions to form a new ASX listed company, Lincor Limited.

The DLA Piper team was led by Sydney Corporate partners David Ryan and James Philips, with assistance from senior associate Elliott Cheung and solicitor Olivia Wild. Head of Tax in Australia Jock McCormack and Boston partner Michael Hardgrove provided tax advice, while New Jersey Corporate partner Andrew Gilbert advised on US securities matters.

David Ryan said: "Lincor Limited is set to become a leading global provider of patient engagement technology solutions, and we're delighted to have advised Lincor on this next exciting phase of their growth in the emerging global healthcare market for patient engagement."

James Philips said: "Healthcare spending is increasing and this is driving demand for new solutions and service offerings in the sector. With a global presence, Lincor Limited will be well placed to benefit from this, and our cross-border team is pleased to have been part of this stage of the company's future."

Lincor Limited is expected to list on the ASX by the end of the year.

Hills Health Solutions and Lincor have had an existing commercial relationship since 2014, which has led to a number of new contracts for major Australian hospitals.

Healthcare Growth Partners also advised Lincor Inc.

Matter Type
M&A
Industry
Healthcare, Life Sciences & Chemicals
News Category
M&A