Announced

Completed

Leonard Green & Partners completed the investment in Francisco Partners-backed RedSail Technologies.

Synopsis

Leonard Green & Partners, an American private equity investment firm that focuses on companies providing services, including consumer, business, and healthcare services, as well as retail, completed the investment in Francisco Partners-backed RedSail Technologies, a pharmacy software company. Financial terms were not disclosed. “RedSail is transforming the pharmacy industry through a robust end-to-end platform offering innovative solutions. RedSail is well-positioned to capitalize on and further enable the trends toward elevating the role of pharmacists, and we believe the company will continue to benefit from its growing data network and Axys, the industry’s first and only cloud-native, next-generation pharmacy management software. We’re excited to partner with the RedSail and FP teams,” Pete Zippelius and Jeff Suer, Leonard Green & Partners.

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