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  6. Awarepoint Acquires Patient Care Technology Systems

M&A Deal Summary

Awarepoint Acquires Patient Care Technology Systems

On April 19, 2011, Awarepoint acquired software company Patient Care Technology Systems

Acquisition Highlights
  • This is Awarepoint’s 1st transaction in the Software sector.
  • This is Awarepoint’s 1st transaction in the United States.
  • This is Awarepoint’s 1st transaction in California.

M&A Deal Summary
Date 2011-04-19
Target Patient Care Technology Systems
Sector Software
Buyer(s) Awarepoint
Deal Type Add-on Acquisition
Advisor(s) DecisionPoint Advisors (Financial)

Target

Patient Care Technology Systems

Mission Viejo, California, United States
Patient Care Technology Systems helps health care providers to improve patient flow, increase capacity and improve patient and staff safety by visualizing the real time location and status of people and equipment throughout their facility. PCTS solutions have supported over 2 million patient visits annually and have shown a proven return on investment in high turnover, high-acuity units such as the emergency department and perioperative suites. The Amelior Enterprise Visibility and Workflow Automation Suite is interoperable with all leading locating technologies, including active-RFID, infrared, ultrasound, ultra-wideband, Wi-Fi and ZigBee.

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Buyer(S) 1

Buyer

Awarepoint

San Diego, California, United States
Category Company
Sector Distribution
DESCRIPTION

Awarepoint is a supplier of real-time location systems (RTLS) that hospitals use to track, monitor, and optimize the utilization and workflow of personnel, patients, and equipment. These proven solutions with 93 hospital client sites, 150,627 asset tags under management and 47,015,515 square feet of RTLS network coverage in US hospitals, enable clinicians and administrators to improve quality of care, efficiency, productivity, and processes more easily and cost effectively.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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