Telemis executes management buy-out
Telemis, a medical imaging company specialising in PACS (picture archiving and communication system), has completed a management buy-out from Nivelinvest, Sopartec and several private investors. The investors reportedly realised a significant financial return on their 14-year investment.
Telemis was created in 1999 as a start-up from advanced university research. It is an international high-tech medical company based in Louvain-la-Neuve, Belgium, with offices in Paris and Toulouse in France; Turin, Italy; and Luxembourg. Telemis' product line aims to assist hospitals, clinics and private practices to manage digital medical imaging and to eliminate the need for X-ray film, thereby reducing costs and increasing the quality of the care provided.