McKesson Automation to be Acquired by Private Equity Firm

McKesson Automation, which sells integrated pharmacy automation products for healthcare providers, will be acquired by private equity firm Francisco Partners, according to a Pittsburgh Business Times report.

Following the transaction, the former McKesson division will operate as a separate company under a new name, according to the report. Chris Adams, a principal at Francisco Partners, reassured hospitals of continuity following the acquisition.

"We will maintain a close working relationship with McKesson to ensure that the companies' collective solutions for hospitals and healthcare providers are complementary and effective," he said in the report.

More Articles on the Health IT Market:

Epic, QlikTech Announce EMR Technology Agreement
CareCloud Hints at 2014 IPO
Cerner Announces Partnership With Wolters Kluwer, Stocks Jump

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars