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Last updated on April 16, 2014 at 10:59 EDT

Medisys acquires Plexo medical centres

April 24, 2013

- Transaction creates a Quebec-based leader in the field of corporate
health services -

MONTREAL, April 24, 2013 /CNW Telbec/ – Medisys Corporate Health LP (“Medisys“), a leading Canadian provider of corporate health services, is pleased
to announce that it has acquired Plexo, one of Quebec’s largest
providers in the sector.  As a result, Plexo’s operations, which
include Le Médi Club au Sanctuaire, la clinique Plexo l’Assomption and Clinique de médecine industrielle Robert & Lizotte, will now become part of Medisys.

“This acquisition will help support our mission: to provide corporations
with preventive health services that are customized, efficient and
effective.  We look forward to welcoming Plexo’s team of 150 employees
and over 200 physicians, who will continue to deliver excellent client
service as part of Medisys,” stated Jean Bourcier, President of
Medisys.

Since it was founded 25 years ago, Plexo has become one of the largest
providers of corporate health services in the province of Quebec, with
clinics in Montreal, Quebec, Trois-Rivieres and Drummondville.

“In this fragmented industry with few national providers, there is an
opportunity to provide outstanding corporate health services to our
clients, be they local, regional or national,” said Dr. Sheldon Elman,
Founder and Chairman of Medisys. “The acquisition of Plexo is an
important step forward in our strategy to consolidate and reinforce our
position as the leading national corporate health services provider.”

“This transaction follows the completion of our recent acquisition of
the Tailor Medical clinic located at 333 Bay Street in Toronto, which
will re-open under the Medisys banner and begin to serve our
Toronto-based clients in June, as well as the ongoing enhancement of
our facilities in Vancouver.  Medisys continues to grow across Canada
and now, more than ever, we are able to serve businesses nationally
with our team of over 500 employees and over 300 physicians working in
16 clinics across Quebec, Ontario, Alberta and British Columbia,” added
Dr. Elman.

About Medisys

Founded in 1987, Medisys Corporate Health LP is the leading Canadian
provider of healthcare services to corporations. Through its national
network of facilities, including clinics in Montreal, Quebec City,
Ottawa, Toronto, Calgary, Edmonton and Vancouver, Medisys delivers
preventative, diagnostic and consultative healthcare services to
approximately 4,000 corporations, including 65% of the Financial Post 500.  Medisys is a portfolio company of Persistence Capital Partners, a
Montreal-based private equity fund focused exclusively on high growth
opportunities in the healthcare field.

SOURCE Medisys Corporate Health LP


Source: PR Newswire