M&A Deal Summary

OmniSYS Acquires STRAND Clinical Technologies

On July 8, 2019, OmniSYS acquired medical products company STRAND Clinical Technologies

Acquisition Highlights
  • This is OmniSYS’s 1st transaction in the Medical Products sector.
  • This is OmniSYS’s 3rd transaction in the United States.
  • This is OmniSYS’s 1st transaction in Georgia.

M&A Deal Summary

Date 2019-07-08
Target STRAND Clinical Technologies
Sector Medical Products
Buyer(s) OmniSYS
Deal Type Add-on Acquisition

Target

STRAND Clinical Technologies

Evans, Georgia, United States
STRAND Clinical Technologies LLC provides retail pharmacists launch and support clinical services within their community. Their intervention, documentation and education platform supports pharmacies across the country in providing preventative care services and engaging patients with chronic diseases. STRAND Clinical Technologies LLC was founded in 2008 and is based in Evans, Georgia.

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Buyer(S) 1

Buyer

OmniSYS

Dallas, Texas, United States

Category Company
Founded 1988
Sector Medical Products
DESCRIPTION

OmniSYS is a provider of medical claims management and compliance IT services for pharmacies, durable medical equipment providers, managed care organizations, and commercial retiree plans. OmniSYS was founded in 1988 and is based in Dallas, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Georgia M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 Rx-Net

Shawnee, Kansas, United States

Rx-Net, Inc. is a provider of automated pricing solutions for pharmacies. Rx-Net automated pricing solution is integrated with most pharmacy management system vendors, allowing pricing information to be accessed from a pharmacist’s existing workflow. Rx-Net, Inc. was founded in 1997 and is based in Shawnee, Kansas.

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