Francisco Partners, a private equity firm, completed the acquisition of Smith Technologies, a provider of community pharmacy technology, long-term care technology and public sector software, from J M Smith, which wholesales and distributes pharmaceutical products. Financial terms were not disclosed. “I am fortunate to be joining the company at such an exciting time. RedSail has developed an unparalleled reputation as a leader across its core markets, and I am grateful for the opportunity to help the company and its employees continue to execute on their vision. Through focused product investments, our goal is to address our customers’ most critical needs, empowering them with innovative software and services.” Kraig McEwen, RedSail Technologies New Chief Executive Officer.