Oshkosh, WI (January 15, 2010) – ImproMed, Inc. is pleased to announce that it is continuing its business growth through expansion with the merger of VETECH Software Services, Inc., the provider of Vetech Advantage and Advantage For Equine. Both companies are fully independent companies, specializing in veterinary practice management software.
For more than 30 years, ImproMed has promoted continuous technology improvements for the veterinary community by providing the most powerful and innovative practice management software in the industry. VETECH Software Services, Inc.’s customers will now be able to take advantage of these advancements, products and services to help them run the most profitable and efficient practice.
"VETECH Software Services, Inc. presents an outstanding fit with our existing technology. We are proud to inherit their history and character, and delighted that the company’s products and customers are joining the ImproMed, Inc. organization. With this merger, both companies are able to offer a greater stability in this tough economic market to its customers,” said Ron Detjen, ImproMed’s President and CEO. “This accretive merger brings ImproMed to the leadership role in the veterinary practice management software market.”
VETECH Software Services, Inc.’s co-owner Matthew Sanregret seconded Ron Detjen’s comments; “We could not have chosen a better partner in terms of commitment to customers, pursuit of technology excellence, and shared vision in the veterinary practice management software arena.”
“Since 1982, we have prided ourselves on offering a state-of-the-art, turnkey system for the traditional or paperless practice, and we feel ImproMed’s reputation to its customers and the entire veterinary community are exactly the fit that our customers deserve and desire.”
This merger announcement marks the latest of several strategic initiatives undertaken by ImproMed, Inc. In July 2009, ImproMed completed the acquisition of the international practice management software company Sunpoint Software, Inc.
The M&A experts at Baker Tilly Capital advised ImproMed on the VETECH Software Services, Inc. transaction and have been engaged to assist the company with its overall acquisition program.
"As the largest fully independent provider of practice management software for the veterinary industry, ImproMed is in a unique position to offer owner operators creative exit strategies that are tailored to meet their personal goals and objectives,” said Brenen Sieber, Managing Director of Baker Tilly Capital, LLC.
About ImproMed, Inc.
ImproMed was rated #1 in Client Satisfaction in the 2008 Trends survey, and is a world-leading developer and provider of business and medical management software for the veterinary industry. Since its inception in 1979, ImproMed’s continuing mission has been to provide veterinarians with the best software and knowledge management solutions by carefully monitoring changes in the veterinary medicine field and implementing program suggestions from their clients.
About Vetech Software Services, Inc.
VETECH Software Services, Inc., located in Walnut Creek, CA, has been serving the veterinary industry since 1982. Our specialty is intuitive and affordable veterinary practice management software developed with the latest trends in veterinary medicine and computer technology in mind.