Announced

CPS Solutions to acquire Trellis from Francisco Partners.

Synopsis

CPS Solutions, a provider of enterprise pharmacy solutions to hospitals and health systems, agreed to acquire Trellis, a technology-enabled specialty pharmacy services provider, from Francisco Partners, an investment firm. Financial terms were not disclosed. “We are excited to welcome Trellis to the CPS family. The opportunity to combine two successful, mission-driven organizations and deliver a broader range of end-to-end services for the betterment of patients, providers and payors is tremendous, and we look forward to delivering on customer needs, improving pharmacy performance, and delivering innovative solutions to more patients,” Frank Segrave, CPS Chairman and CEO.

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