HEALTHCARE software firm EMIS will launch on the Alternative Investment Market by the end of this month.
The firm, which computerises patient records, said it will attempt to raise £50m. It will issue £25m worth of new shares with a further £25m being placed by existing shareholders. The group said it expects to have a post-float market capitalisation of about £200m. The debt-free company, founded by two GPs, posted earnings of £20m on turnover of £58m.
Evolution Securities is acting as nominated adviser and broker to EMIS.