Equasens

What Equasens does

Equasens is a France-headquartered, Euronext Paris-listed (ticker: QUIS) digital healthcare IT group serving more than 25,000 healthcare establishments across Europe. The group operates through five core divisions: Pharmagest (pharmacy management software), Axigate Link (hospital and medico-social software, including the recently integrated ResUrgences and DIS activities serving 300+ public-health clients), Medical Solutions (electronic patient records and practice management for independent physicians, MSPs, and CPTS), e-Connect (connected electronic medical devices), and Fintech (equipment leasing and financing for healthcare professionals). Equasens positions its portfolio around the full city–hôpital–medico-social care continuum, with explicit support for French regulatory frameworks including the Ségur du numérique en santé.

The group's customer base is highly diversified and includes 10,300 pharmacies, 3,400 care homes (EHPAD), 11,300 doctors, 40 hospitals, 170 hospital-at-home units (HAD), and 340 in-home nursing services (SSIAD). Equasens extends into adjacent verticals through Atoopharm (pharmacist continuing education) and, following the January 2025 acquisition of an 80% stake in Erevo, continuing medical education for physicians and allied health professionals. Geographically, Equasens has expanded beyond France into Germany through its wholly-owned ADV (PHARMAGEST Germany) subsidiary, and reports a multi-language European footprint covering French, English, German, Dutch, and Italian markets.

Equasens generates revenue through a mix of recurring software subscriptions, hardware sales of connected medical devices, and fintech/managed services for equipment leasing. It reports revenue on a quarterly basis, with Q3 2025 revenue of €172.2M (+8.9% reported, +7.3% like-for-like) and full-year 2025 guidance of nearly 10% total revenue growth. The company is part of the LA COOPÉRATIVE WELCOOP cooperative group and employs over 1,500 people across Europe. Notable recent acquisitions include Calimed Health (December 2024) and Erevo (January 2025), funded in part through bank financing, signalling an active inorganic growth strategy alongside organic expansion.

Name

Equasens

Legal name

Equasens

Website

https://equasens.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

Equasens is a Euronext Paris-listed (ticker: QUIS) French digital healthcare IT group serving over 25,000 pharmacies, hospitals, care homes, physicians, and home-care providers across Europe through five divisions covering software, connected devices, and equipment financing.

Ownership category

akta.pro rank

Product category

Healthcare IT Software

NAICS

Health Care and Social Assistance (62)

SIC

Services-Health Services (8000)

akta.pro primary industry

Pharmacy Interoperability, Standards & Integration (FHIR/NCPDP) (HLACAKAO)

Keywords

• Healthcare IT software
• Pharmacy management software
• Electronic patient records
• Connected medical devices
• Medico-social software

Headquarters

HQ city

Villers-lès-nancy

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Software Subscriptions and Licenses: Recurring software subscriptions for pharmacy management, hospital software, and medical practice solutions
2. Hardware and Connected Devices: Sale of electronic devices and connected solutions for healthcare professionals and patients through e-Connect division
3. Fintech/Financing Services: Equipment leasing and financing solutions for healthcare professionals (Fintech division)
4. Systems and Equipment: Healthcare systems and equipment segment showing significant growth driven by healthcare investments and new product rollouts

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Equasens develops and sells software solutions and connected electronic devices for healthcare professionals across Europe. Its portfolio covers pharmacy management software, hospital and medico-social information systems, electronic patient records for physicians, connected medical devices, and equipment financing — organized across five divisions (Pharmagest, Axigate Link, Medical Solutions, e-Connect, Fintech) to support care coordination across the city-hospital-medico-social continuum.

Product overview

Equasens is a healthcare IT solutions provider organized into 5 strategic divisions: Pharmagest (pharmacy software), Axigate Link (hospital and medical-social software), Medical Solutions (physician practice management), e-Connect (connected medical devices), and Fintech (equipment financing). The company serves pharmacies, hospitals, care homes, physicians, and other healthcare professionals across Europe. The portfolio includes acquired brands like ADV (PHARMAGEST Germany), Erevo (digital training), and ResUrgences/DIS (hospital software), with a total customer base of 10,300 pharmacies, 3,400 care homes, 170 hospital-at-home units, 340 in-home nursing services, 11,300 doctors, and 40 hospitals.

Differentiator

Problem solved

Functional benefit

Products and services

• Pharmagest European expert in technological solutions for pharmacies, providing software and connected solutions for pharmacy management, dispensing, inventory control, and patient management across Europe. Serves over 10,300 pharmacies.
• Axigate Link European expert in software and applications for medico-social, health, and multidisciplinary establishments. Provides hospital information systems, patient records, inter-establishment coordination, and care pathway software for hospitals and medical-social institutions.
• Medical Solutions Expert in Electronic Patient Records (EPR) and management of practices and nursing homes. Provides software for independent physicians (liberal doctors), group practices, MSPs (Maisons de Santé Pluriprofessionnelles), and CPTS (Communautés Professionnelles Territoriales de Santé).
• e-Connect Designer and manufacturer of connected electronic devices and solutions for healthcare professionals and patients. Offers connected medical devices for pharmacy, hospital, and patient use as part of Equasens' integrated healthcare IT ecosystem.
• Fintech Provides funding solutions for leased equipment for healthcare professions and other players in the services industry. Offers financing services (equipment leasing) to healthcare professionals to support acquisition of IT and medical equipment.
• ADV (PHARMAGEST Germany) Germany-based pharmacy software company offering pharmacy software solutions for the German market. Acquired by Equasens in November 2023 to expand pharmacy software offerings and strengthen Equasens' presence in Germany.

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered strategic, core and minor.

• ErevostrategicStrategic or Co-development Partner · 5 January 2026Equasens acquired 80% controlling stake in French digital training company Erevo, expanding into continuing medical education market. Deal expected to generate approximately €7.4 million revenue for Erevo in 2025. Combines Erevo's training programs with Equasens' existing Atoopharm training unit for pharmacists.
• ADV (PHARMAGEST Germany)coreStrategic or Co-development Partner · 1 November 2023Acquired Germany-based ADV (PHARMAGEST Germany) to expand pharmacy software offerings and strengthen presence in German market. Part of European expansion strategy.
• AtoopharmcoreStrategic or Co-development PartnerTraining unit within Equasens providing continuing education for pharmacists. Combined with Erevo acquisition to create synergies in medical education market.
• La Ligue contre le cancerminorGTM or Marketing PartnerCo-organized webinar on HPV vaccination in pharmacies with Equasens and Atoopharm to highlight public health issues and levers available to pharmacists for increasing vaccination rates.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Oracle Health (Cerner): Oracle Health (formerly Cerner) is a global EHR and healthcare IT incumbent serving large hospitals and health systems. It is an indirect competitor to Equasens at the high end of the European hospital market and pressures pricing on integrated care record initiatives.
• Epic Systems: Epic Systems is a leading global EHR vendor increasingly penetrating European large hospital systems. While not a direct daily competitor to Equasens today, it sets the enterprise functionality benchmark that Equasens' Axigate Link hospital offering must differentiate against in public tenders.
• Agfa HealthCare: Agfa HealthCare provides enterprise imaging, hospital IT, and digital radiology solutions to hospitals and health systems globally. It is a broader incumbent that competes with Equasens' Axigate Link hospital software offering, particularly in imaging-adjacent workflows.
• Dedalus: Dedalus is one of Europe's largest healthcare IT vendors, focused on hospital and diagnostic information systems across multiple countries. It competes with Equasens' Axigate Link hospital and medico-social software at a broader, more enterprise-oriented scale.

Direct peers

• Maincare Solutions: Maincare Solutions is a French hospital information system provider serving public hospitals and health territories. It is a direct peer to Equasens' Axigate Link division and competes for the same French public hospital and GHT (groupement hospitalier de territoire) contracts.
• Cegedim: Cegedim is a French health technology group providing pharmacy management, physician EHR, and healthcare data solutions across Europe. It directly competes with Equasens' Pharmagest and Medical Solutions divisions and serves a similar B2B healthcare professional customer base.
• CompuGroup Medical: CompuGroup Medical is a leading European health IT vendor with strong pharmacy software, physician practice, and hospital information system offerings, particularly in Germany. It is the most direct comparable to Equasens' pharmacy franchise and ADV (PHARMAGEST Germany) operations.
• MIMS Group (Vidal): MIMS Group (formerly Vidal) provides drug information databases and clinical decision support to pharmacies and physicians across Europe and Asia. It overlaps with Equasens' pharmacy and physician software offerings where drug database integration and medication safety features are core functions.

Emerging players

• Doctolib: Doctolib is the dominant European digital health platform for appointment booking, teleconsultation, and physician practice software in France and Germany. It overlaps with Equasens' Medical Solutions physician EHR offerings as an emerging cloud-native competitor.

Others

• InterSystems: InterSystems provides health data platforms (HealthShare, IRIS for Health) used by hospital systems and national health authorities for interoperability. It is an enabling technology peer to Equasens' Healthcare Data Sharing Platform, competing as infrastructure rather than as a direct end-user application vendor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/equasens
• Facebookfacebook.com/Equasens
• LinkedInlinkedin.com/company/equasens

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Equasens