Belfast-based Blue Zinc, a provider of solutions to the musculoskeletal (MSK) and mental health markets, has acquired Baulkham Hills, New South Wales-based Collab IT, the sole distributor of Blue Zinc’s TM3 suite of products in Australia, and has taken over full support to its existing 150 clients in Australia.
TM3 is a clinic management product to the allied health industry. Blue Zinc also offer enterprise solutions including Caseflow, a workflow and pathway management solution allowing enhanced control and management of complex pathways and multidisciplinary teams, and Pronto, a network management and electronic data interchange tool to allow bookings, invoicing and outcomes data to flow on real time, systemic basis.
Under the transaction all of Collan IT’s staff and support resources are transferred to a wholly owned subsidiary Blue Zinc IT (Australia).
Blue Zinc says the acquisition supports its strategic expansion and global commitment to the healthcare sector.
Blue Zinc’s chair KP Doyle said: “Australia represents a fantastic opportunity for Blue Zinc. We estimate the market for physiotherapy and musculoskeletal is at least the size and scale of the UK private market. The amount of spend and physio clinics per capita is well in excess of the UK and we hope to emulate our UK success in becoming the provider of choice for MSK practitioners in Australia, as we have done in the UK.’
Jeremy Allen, client services director at Blue Zinc will become board sponsor responsible for Australia. He said: “By wholly owning the distribution and support, we have been able to invest in our suite of products to better serve the Australian market. I am genuinely excited to bring new offerings to Australia such as our state-of-the-art TM3 practice management, classes management and TM3 Connect modules. This deal is a clear message to the healthcare market that we are here to help all practitioners, clinics and hospitals at a time when they and their patients need it most and on an international scale. We are also looking forward to releasing new MediPass features within TM3.”
James Relph, Blue Zinc Australia general manager has transferred from Collab IT to lead the local team. He said: “Becoming fully paid up members of the Blue Zinc team is really exciting for us – we’ve had the chance to get a sneak preview of what we’re going to be able to offer and feel the wealth of new functionality will be well received by the market both existing and new clients.”
Date published: October 21, 2020