M&A Deal Summary

Digital Pharmacist Acquires Praeses

On March 23, 2017, Digital Pharmacist acquired software company Praeses

Acquisition Highlights
  • This is Digital Pharmacist’s 1st transaction in the Software sector.
  • This is Digital Pharmacist’s 1st transaction in the United States.
  • This is Digital Pharmacist’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2017-03-23
Target Praeses
Sector Software
Buyer(s) Digital Pharmacist
Deal Type Add-on Acquisition

Target

Praeses

Shreveport, Louisiana, United States
website
Praeses LLC (PocketRx App) is a software development and services, offering proven and consistent business solutions to customers in both the public and private sectors.

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Buyer(S) 1

Buyer

Digital Pharmacist

Austin, Texas, United States

website

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

Digital Pharmacist is a digital health company that offers an omnichannel patient engagement platform for 6,000 pharmacies, national pharmacy wholesalers, hospital systems, and pharmaceutical brands. Four million patients use the company's products every month. Digital Pharmacist was founded in 2010 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Louisiana) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 Vow

Boiling Springs, South Carolina, United States

Vow is a provider of interactive phone systems to the pharmacy industry where its solutions automate operations, improve pharmacists’ productivity, and improve patient experience. Vow was founded in 2004 and is based in Boiling Springs, South Carolina.

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