Cubera exits Time Care
Cubera has, through their fund Aumar AB, sold Time Care to Allocate Softeware.
Allocate Software is a leading provider of workforce optimisation and electronic rostering solutions whilst Time Care is a leading Swedish-based provider of workforce management software, with a strong focus on the healthcare market. The acquisition of Time Care will provide Allocate with a strong geographic hold in the Nordic region, particularly in Sweden.
The acquisition will create one of the leading providers of workforce management software for the healthcare sector in Europe.
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| Fund | Aumar |
| Portfolio Company | Time Care |
| Date of Transaction | 2009-12-10 |
| Transaction | Trade-sale |
| Seller | |
| Buyer | Allocate Softeware |
| Size of Transaction | |
| Ind. Focus | Other |
| Geography | Sweden |
| Stage | Venture |