On February 18, 2024, Launchit Solutions Inc. (LSI), a leading health technology studio focused on digital health innovation, announced its acquisition of 2Gen Digital, a well-established digital agency with more than 25 years of design and development experience. This strategic acquisition is expected to significantly bolster LSI's capabilities in delivering advanced technology solutions tailored for various sectors, including healthtech innovators, pharmaceutical companies, hospitals, and municipalities.
By integrating 2Gen's expertise and skilled team, LSI aims to enhance its support for a wide range of organizations dedicated to advancing digital health solutions. The acquisition will increase LSI's design and development capacity by nearly 50%. This expansion positions LSI to rapidly scale its operations in response to rising demands for innovative solutions both in Canada and on the global stage.
LSI’s CEO, Jamie Harsevoort, emphasized the strategic importance of this acquisition, stating that it reaffirms LSI's commitment to becoming Canada’s premier healthtech innovator. The integration of 2Gen's capabilities not only strengthens their design and digital offerings but also equips LSI with the necessary resources and skills for effective scaling as it pursues global expansion.
Founded in 1998, 2Gen has built a reputation for delivering high-quality digital technology solutions to a diverse clientele. Current customers of 2Gen will now benefit from access to LSI’s enhanced resources while enjoying the premium service and expertise they have relied upon over the years. This acquisition allows LSI to expand its portfolio of services, ensuring that clients from both organizations experience greater value and innovative solutions.
Mark Wu, cofounder of 2Gen Digital and now Chief Sales & Marketing Officer of LSI, expressed enthusiasm for the new partnership, highlighting that the growing complexity and robustness of digital technology necessitate collaboration to enhance market impact. This partnership broadens their market outreach and is expected to generate greater innovation and customer value. Wu reassured clients and team members that while 2Gen remains committed to its existing clientele, integrating both businesses will be done with minimal disruption, prioritizing stability and continuity in service delivery.
The collaboration promises not only to facilitate the collective growth of both companies but also to provide employees with broader career opportunities—allowing them to expand both personally and professionally. As LSI and 2Gen embark on this integration process, a seamless transition approach will be prioritized to maintain the high standards of service and expertise that their clients expect.
For additional information regarding the acquisition and LSI’s future offerings, interested parties are encouraged to visit the websites of both Launchit Solutions and 2Gen Digital.
This acquisition represents a significant step for LSI in its mission to innovate and lead in the health technology sector, and it sets a foundation for future growth and expanded capabilities.
For inquiries related to the acquisition, Jamie Harsevoort and Mark Wu can be contacted directly through their respective channels provided.
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