M&A Deal Summary

Parata Acquires Integrated Automation Solutions

On April 4, 2017, Parata acquired life science company Integrated Automation Solutions

Acquisition Highlights
  • This is Parata’s 1st transaction in the Life Science sector.
  • This is Parata’s 1st transaction in the United States.
  • This is Parata’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2017-04-04
Target Integrated Automation Solutions
Sector Life Science
Buyer(s) Parata
Deal Type Add-on Acquisition

Target

Integrated Automation Solutions

Allentown, Pennsylvania, United States
Integrated Automation Solutions (IAS) is a solution provider dedicated to developing unique, full-featured, cost effective products for the high volume pharmacy market. Integrated Automation Solutions was established in 1999 is headquartered in Allentown, Pennsylvania.

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Buyer(S) 1

Buyer

Parata

Durham, North Carolina, United States
Category Company
Sector Business Services
DESCRIPTION

Parata provides pharmacy technology solutions to reduce costs, enhance patient safety and improve the patient experience by offering a comprehensive pharmacy automation portfolio with medication adherence packaging, high-speed robotic dispensing technologies, and pharmacy workflow solutions. Parata is based in Durham, North Carolina.

DEAL STATS #
Overall 1 of 3
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-03 Parata

Durham, North Carolina, United States

Parata is a provider of IT solutions to the healthcare industry. Parata Systems was founded in 2001 and is based in Durham, North Carolina.

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