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Tunstall Healthcare To Buy STT Condigi
February 3, 2012

NEW YORK, February 3 (FinanceEnquiry.com) -  Telecare and telehealth provider Tunstall Healthcare Group Limited is acquiring STT Condigi, the Nodic supplier of technology and services to the elderly home care and nursing home markets. Financial details of the deal have not been disclosed by any of the party. The transaction, which is currently awaiting regulatory approval, is expected to be completed by the end of this month. Following the deal, the CEO of STT Condigi Kristoffer Axelsson will head the combined Nordic business.

On the transaction, the buyer was financially advised by Castlegreen Partners, while Linklaters Advokatbyrå Aktiebolag served as its legal adviser. The shareholders of STT Condigi were financially advised by Danske Bank and got legal advice from Mannheimer Swartling Advokatbyrå Aktiebolag. 

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