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Announced

Completed

Craneware completed the acquisition of Sentry Data Systems from Abry Partners for $400m.

Synopsis

Craneware, which is engaged in the development, licensing and ongoing support of computer software, completed the acquisition of Sentry Data Systems, a provider of automated pharmacy procurement solutions, from Abry Partners, a Boston-based private equity firm, for $400m. "Faced with increasing pressure to better manage costs and improve patient outcomes, US healthcare providers must effectively use automation to generate actionable insights that enhance operational efficiency and compliance resulting in sustainable margins that can be re-invested in providing better care for those who are in need," Keith Neilson, Craneware CEO.

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