VitalHub Corp. Announces Acquisition of Premier I.T. Partnership Limited

Core Viewpoint - VitalHub Corp. has acquired Premier I.T. Partnership Limited for a cash payment of £2,166,718, with potential additional earnings based on financial milestones, marking a strategic expansion in the healthcare sector [1][2][12] Group 1: Acquisition Details - The acquisition cost is £2,166,718, with an opportunity to earn an additional £472,849 over two years based on achieving specific financial milestones [2] - Premier IT had estimated annualized contracted revenues of £1,300,000, primarily recurring in nature, highlighting the strategic fit within VitalHub's portfolio [12] Group 2: Company Background - VitalHub is based in Toronto, Canada, with over 400 team members globally and operates on the Toronto Stock Exchange (TSX) and OTC Markets [5] - Premier IT specializes in workforce planning and performance solutions for the healthcare sector, serving over 125 organizations in the UK [6][8] Group 3: Strategic Implications - The acquisition is expected to enhance VitalHub's capabilities and broaden its reach in healthcare operations and patient care across the UK [3][7] - There are strong synergies anticipated with VitalHub's Hicom subsidiary, particularly in healthcare-compliant learning management systems, which could drive growth and innovation [7]