Mediware Information Systems finalized an agreement to acquire Kinnser Software from Insight Venture Partners.
Here are three things to know about the deal.
1. Mediware is a healthcare software solutions provider. Kinnser offers software solutions within the home health and hospice space.
2. TPG Capital is backing the transaction, which is expected to close at the end of the second quarter of 2017, pending regulatory approvals, according to a news release.
3. Commenting on the transaction, Mediware CEO Thomas Mann said: "Kinnser's intuitive platform provides Mediware with additional depth, expertise and capabilities to strengthen our platform in the home health and hospice space. This transaction marks our next step as we continue to expand our offering as the leading, integrated supplier of software solutions for alternate care providers. With Kinnser, we add home health and hospice to our leading positions in software solutions for home IV, home medical equipment and rehabilitation providers. We are excited to work together to continue to accelerate Mediware's growth."
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