Allocate Software is a leading international provider of Human Capital Management solutions, supporting the operational and administrative needs of health, care, government organisations and commercial sectors. In the health and care sector, Allocate is enabling the delivery of safe and effective care at optimal cost, by helping organisations to have the right people in the right place at the right time. With over 800 clients and over two million staff rostered daily, Allocate serves the largest public and private sector institutions around the world.
Hg’s focus on healthcare technology led to an initial investment in Allocate at the end of 2014, completing a public-to-private transaction from the London Stock Exchange. Hg then worked with management and invested materially to enhance Allocate’s software suite, achieve greater customer engagement, helped the business to enter new geographies and created a strong growth platform, with four strategic acquisitions in the last four years of our investment.
In 2021, Allocate was sold to RLDatix, the leading global provider of intelligent patient safety solutions.
Hg’s focus on healthcare technology led to an initial investment in Allocate at the end of 2014, completing a public-to-private transaction from the London Stock Exchange. Hg then worked with management and invested materially to enhance Allocate’s software suite, achieve greater customer engagement, helped the business to enter new geographies and created a strong growth platform, with four strategic acquisitions in the last four years of our investment.
In 2021, Allocate was sold to RLDatix, the leading global provider of intelligent patient safety solutions.
Location: United Kingdom, England, Richmondshire
Employees: 501-1000
Founded date: 1991
Investors 2
| Date | Name | Website |
| - | Hg | hgcapital.... |
| - | Vista Equi... | vistaequit... |
Mentions in press and media 5
| Date | Title | Description |
| 29.06.2021 | In many an IPO, Apple’s App Store gets the “catastrophic events” treatment | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Workday’s secret to success? Adaptability and flexibility From Workday Few education... |
| 29.06.2021 | In many an IPO, Apple’s App Store gets the “catastrophic events” treatment | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Why today's marketers need strong collaboration tools From Optimizely Few education ... |
| 23.04.2018 | Allocate Software Receives Investment from Vista Equity Partners | Allocate Software, a U.K.-based provider of healthcare workforce management software, received an investment from Vista Equity Partners. The amount of the deal, expected to close in the second quarter of this year, was not disclosed. The co... |
| 24.05.2010 | Dynamic Change Ltd Sold to Aim-listed Allocate Software for up to £9M | Dynamic Change Ltd, a Keele (Staffordshire), UK-based provider of regulatory compliance, corporate governance, risk and performance management software to the UK healthcare market, has been sold from venture capital company Midven to Aim-li... |
| - | Hg Growth Summit 2020: ‘Same Game, New Rules’ | This year our Growth Team hosted over 300 executives from the Hg portfolio to discuss how 2020 is set to change best-practice across the Growth disciplines within software and tech businesses. Jolanta Pilecka, Operating Partner on Hg’s Gro... |