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New Deal


Announced

FDS to merge with Amplicare.

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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United States

pharmacy software

Pending

decision-automation platform

Software

Merger

Single Bidder

Private

pharmacy solutions

Acquisition

Friendly

Synopsis

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FDS, a pharmacy software solutions provider, agreed to merge with Amplicare, a business intelligence and decision-automation platform. Financial terms were not disclosed. With the merger, FDS clients will have access to Amplicare's platform including Medicare plan comparison and eligibility tools that empower pharmacy patients to make better healthcare plan decisions. Amplicare clients will now be able to take advantage of FDS's platform with software solutions that enable clinical care, improve financial health, and offer valuable data insights into pharmacy operations. "Amplicare has a proven record of enabling pharmacies and their patients to make data-driven decisions. We are eager to integrate Amplicare's capabilities into FDS' existing solutions, and we are very confident in the power of these combined organizations. Among other observations, Covid-19 has made it clear that pharmacies have critical roles to play in the continuing digital transformation of healthcare, and we are excited to expand the tools we provide to pharmacists and the patients they serve," J. Bennet Waters, Amplicare CEO.

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