M&A Deal Summary

Glennis Solutions Acquires Vita-Stat

On March 5, 2021, Glennis Solutions acquired software company Vita-Stat

Acquisition Highlights
  • This is Glennis Solutions’ 1st transaction in the Software sector.
  • This is Glennis Solutions’ 1st transaction in the United States.
  • This is Glennis Solutions’ 1st transaction in Kentucky.

M&A Deal Summary
Date 2021-03-05
Target Vita-Stat
Sector Software
Buyer(s) Glennis Solutions
Deal Type Add-on Acquisition

Target

Vita-Stat

Louisville, Kentucky, United States
Vita-Stat is a creator of electronic medication, treatment, and care management (eMAR Plus) solutions to optimize and error proof the shared business process between pharmacists, caregivers, and residents in the senior care and senior living markets.

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Buyer(S) 1

Buyer

Glennis Solutions

Louisville, Kentucky, United States
Category Company
Sector Software
DESCRIPTION

Glennis Solutions offers the only fully integrated cloud-based software suite specifically designed to serve the unique needs of the senior housing industry. Developed and used across 750 properties and more than 55,000 apartments spanning 40 U.S. states, Canada and the United Kingdom, each solution is designed to seamlessly manage the complex challenges faced by senior housing operators, residents, administrators and their staff. Glennis Solutions is based in Louisville, Kentucky.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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