Founder and Chairman of Star Juha Christensen emphasizes how, “this acquisition further strengthens our market leadership position. We can now go even further in advising our clients on structuring, designing, and developing MedTech solutions.” Christensen continues: “With a CAGR of over 30% since its founding in 2008, Star is becoming an increasingly attractive home for founders of consulting businesses who want to double down and see their companies continue to scale, their employees to keep growing and their assets to keep appreciating.”
Health & Wellness is a priority industry for Star. Pro4People’s expertise in regulated MedTech, compliance and QMS strengthens Star’s knowledge enabling them to offer even stronger strategy, design and engineering services to their clients. This milestone acquisition marks the first of many for Star. It is the result of creating an M&A engine that aims to drive 7-10%+ inorganic growth on top of the organic growth the company’s commercial engine can deliver.
“The acquisition strengthens Star’s capabilities in regulated MedTech solutions while enhancing our regulatory consulting offering,” said David Box, the Managing Director of Health & Wellness for Star. “Together, we will work on monumental MedTech projects that improve patient outcomes, optimize provider workflows and firmly establish value-based healthcare.”
Star’s acquisition of Pro4People augments their already deep offering. With Pro4People, they are are in a stronger position to create and advise on regulated MedTech projects.” The complex regulatory approval process is a significant challenge for all companies looking to bring MedTech and Digital Healthcare solutions to market. It is costly, time-consuming and complicated. Ultimately, there’s no one-size-fits-all approach. With Pro4People’s regulated Medtech, QMS, and compliance expertise, Star will be able to navigate the best route for our clients while bolstering our already world-class MedTech design and delivery capabilities,” said Sergii Gorpynich, Chief Technology Officer at Star.
For Star and Pro4People, it was clear that there was a strong cultural fit and a shared understanding of the massive potential of joining forces. “We are thrilled about the opportunity to become part of Star. This is the culmination of our hard work and investment into Pro4People’s growth over the years. Best of all, Star values our people and shares our vision of transforming healthcare. By working together, we’ll unlock more opportunities and continue our founding mission much further than we could have ever envisioned,” stated Tomasz Puk, CEO at Pro4People.
To discover more about Star and see some of their visionary projects, visit www.star.global.
About Star
Star is a global technology company that connects strategy, design and engineering services and helps companies to accelerate their product innovation. They support their customers every step of the co-creation way — from ideation and concept crafting to full-stack development and putting solutions into the hands and minds of end-users.
Star works for businesses in a variety of industries, including Automotive & Mobility, Health & Wellness, FinTech and others. Their customers include Lufthansa, Zeiss, Panasonic, BMW, SAIC, NIO, Dolby, EGYM and One Concern.
About Pro4People
Pro4People is a leading software company based out of Wroclaw, Poland. They specialize in groundbreaking MedTech solutions and products. Pro4People supports their clients through all phases of the software development lifecycle: research, development, maintenance, and delivery to create modern, global, compliant and connected medical devices. Their products and technologies include web applications, connected health solutions, cloud backend systems, SaMD platforms, mobile applications and AI.
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