Transactions | 13.11.2024

MFW Fiałek advised on the acquisition of 90% of shares in Future Processing Healthcare (now Graylight Imaging)

MFW Fiałek advised Aniela Hejnowska and a group of investors on the execution of the investment agreement for the joint venture and the acquisition of 90% of shares in Future Processing Healthcare sp. z o.o. (currently known as Graylight Imaging sp. z o.o.), a company specialising in the development of medical software and the integration of AI solutions.

Our advice

The company, based in Gliwice, provides software development services to enable its clients to introduce innovative medical devices and products, drawing on its experience in developing ISO 13485-compliant software and in developing medical solutions and algorithms with the implementation of artificial intelligence. Active in the field of medical image analysis for almost 18 years.

Advisory services provided by MFW Fiałek consisted of comprehensive support at all stages of the transaction, and involved preparation of transaction documentation, negotiations, completion of the transaction and post- transaction services. In addition, our legal team was responsible for the process of preparing and negotiating the investment agreement for the establishment of the joint venture, including the structuring of corporate governance and company registration formalities.

The client was advised by Mirosław Fiałek – Partner and Jakub Wilk – Associate.

Parties of the transaction

Aniela Hejnowska – investor and business angel with more than 20 years of experience, which she uses in strategic, process and organisational culture transformations. She was awarded, among others, the title of Businesswoman of the Year 2010, awarded by the Sukces Pisany Szminką Foundation, which promotes the professional and personal development of women.

The other investors are Professor Maciej Banach, a renowned cardiologist, researcher, chairman of the International Lipid Expert Panel, vice-rector of the John Paul II Catholic University in Lublin and academic lecturer at the Medical University of Lodz and Johns Hopkins University in Baltimore, and Dr Eng. Jarosław Bułka, an expert in AI, digital transformation and telemedicine, as well as Szymon Janota, long-time CEO of Graylight Imaging, and Ewa Kieczka-Baranowska, former Head of Business and People at the same company, both with over a decade of experience in the IT industry.

During its operations Future Processing Healthcare sp. z o.o. (currently known as Graylight Imaging sp. z o.o.) has been involved in the development of certified medical devices that have been successfully implemented into clinical workflows and used in practice. At the same time, the company operates in accordance with ISO 14971 and has the capability to develop healthcare software systems in accordance with IEC 62304.

In the period prior to the transaction, the company grew as part of the Future Processing group, known for its advanced approach to IT project management and the use of cutting-edge technology, which has gained the trust of international clients, particularly in the UK and Western Europe. Future Processing has won numerous awards and recognitions that confirm its position as one of the leading IT service providers. Among the awards are the title of Top Cloud Consulting Company 2024 obtained in the Clutch ranking and the title of Global Outsourcing 100 Leader, awarded by IAOP in 2024.