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PointClickCare Receives Strategic Growth Investment From JMI Equity

MISSISSAUGA, Ontario Feb. 28, 2011 Baltimore San Diego

North America

Mike Wessinger

As part of the transaction, JMI Equity Founder and Managing General Partner Harry Gruner will join PointClickCare’s board of directors.  "Mike and the rest of the PointClickCare team have done an excellent job positioning the company for continued success," said Mr. Gruner.  "The company’s SaaS offering provides customers with an affordable platform to manage the complete lifecycle of resident care, and its offerings align well with the market’s demand for tools that yield greater efficiency while improving patient care.  We look forward to working with Mike and his team to build on the company’s success, further develop the company’s offerings and realize the many growth opportunities in front of the company over the long term."  

RBC Capital Markets served as placement agent to PointClickCare.  Harris + Harris LLP served as legal advisor to PointClickCare, while Goodwin Procter LLP and Stikeman Elliott LLP served as legal advisors to JMI Equity.

About PointClickCare

Mississauga, Ontario

About JMI Equity

$2.1 billion

SOURCE PointClickCare

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