Allocate Software was previously owned by US-based investment firm Vista Equity Partners and private equity firm Hg Capital. Hg initially invested in Allocate at the end of 2014, completing a public-to-private transaction from the London Stock Exchange. Upon selling to Vista Equity Partners in 2018, Hg then reinvested later that year, acquiring a co-controlling stake.
This acquisition will combine RLDatix’s industry leading patient safety, risk, compliance and provider management capabilities with Allocate’s leading workforce management solutions, enabling both organisations to better serve their clients operationally and to support strategic initiatives.
Together, RLDatix and Allocate have more than 5,000 customers in 26 countries. Each month, 1.2 million staff utilise Allocate solutions to manage their working lives, over 1.4 million temporary staff shifts are filled and over 8 million hours of nursing care is redeployed.