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Announced

Completed

Strategic Healthcare Programs completed the acquisition of Team TSI.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

data-driven intelligence

Auto Technology

Domestic

Acquisition

Single Bidder

Friendly

Majority

United States

Private

Synopsis

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Strategic Healthcare Programs, a subsidiary of Roper Technologies, an American diversified industrial company, completed the acquisition of Team TSI, a provider of GPS tracking, vehicle tracking, and telematics installations, servicing fleets of any size and location across the US. Financial terms were not disclosed. "With the ever-changing complexity of our client’s needs, I realized there is an ever growing need to integrate data across multiple platforms ranging from EMR, Time & Attendance, Financial, Therapy, Satisfaction Survey as well as other healthcare services. The way business was done just five years ago isn’t the way it is done today. Factor in the technology side, of which we are a major provider, you need to grow with the industry. When Lee and I sat back, evaluating the industry in the deep way we continually do, we realized that the growth we needed to experience was going to require more than just money, it required a partnership," Andrew Porch, Team TSI CEO.

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