Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, July 13 2021 - 23:41
AsiaNet
Global consulting firm Star acquires Pro4People, creating powerhouse in MedTech development and regulatory consulting
WROCLAW, Poland, July 13, 2021, /PRNewswire-AsiaNet/--

Star, a global technology company connecting end-to-end strategy, design and 
engineering services, announced its acquisition of Pro4People, a leading 
software consultancy based in Wroclaw, Poland, specializing in regulated 
MedTech and Digital Healthcare. 

Founder and Chairman of Star Juha Christensen highlights 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 continued: "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."

The acquisition is the result of an in-house M&A engine that will deliver 7-10% 
annual inorganic growth on top of the company's impressive organic growth. It 
is focused on making targeted acquisitions within the industries of Health & 
Wellness, Automotive & Mobility, FinTech and AdTech.

With this acquisition, Star has deepened its MedTech capabilities, expanding 
its already extensive offering. In addition to their agility, digital 
innovation focus and end-to-end delivery services, Star will now offer clients 
world-class regulatory expertise, helping them identify the best route to 
market for their MedTech products." 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," elaborates Sergii Gorpynich, Chief Technology 
Officer at Star. 
Star's commitment to build increasingly deep industry expertise cements its 
position as a superior partner for MedTech and Digital Healthcare businesses. 
David Box, Managing Director of Health & Wellness at Star, emphasizes how "this 
acquisition enables Star to create even stronger MedTech and Digital Healthcare 
solutions that improve patient outcomes, reduce provider burden, lower costs 
and boost population health. Moreover, it equips us to do more with the most 
valuable asset in healthcare—data. We'll be able to help organizations better 
collect, understand and use data to align their strategies and take the right 
approach as global healthcare needs evolve." 

For Star, cultural fit is a key parameter for assessing the viability of an 
acquisition. In Pro4People, Star found a like-minded partner that will become 
an integral component of their continuing growth story. Tomasz Puk, CEO at 
Pro4People, described this synergy and the enthusiasm from his team in noting, 
"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."
To learn more about Star and the groundbreaking projects they do, 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 consultancy located in Wrocław, Poland, 
specializing in developing innovative MedTech products. They assist clients in 
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. 

Photo: https://mma.prnewswire.com/media/1572910/StarPhoto.jpg
Logo: https://mma.prnewswire.com/media/1572911/StarLogo_Logo.jpg

SOURCE: Star
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