Announced
Financials
Tags
Private
Acquisition
Pending
United States
Private Equity
Majority
Friendly
Single Bidder
pharmacy services
Health Care Services
Domestic
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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