M&A Deal Summary

Parata Acquires Parata

On December 3, 2018, Parata acquired information technology company Parata

Acquisition Highlights
  • This is Parata’s 1st transaction in the Information Technology sector.
  • This is Parata’s 2nd transaction in the United States.
  • This is Parata’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2018-12-03
Target Parata
Sector Information Technology
Buyer(s) Parata
Deal Type Merger

Target

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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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 2 of 3
Sector (Information Technology) 1 of 1
Type (Merger) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-06 Synergy Medical

Longueuil, Quebec, Canada

Synergy Medical is focused on designing, manufacturing, and installing automated systems that allow pharmacies to efficiently and accurately prepare compliance packs. The company has installed over 500 SynMed XF and SynMed ULTRA systems throughout North America and in Europe, in independent pharmacies as well as in centralized production facilities for pharmacy chains. Synergy Medical was formed in 2008 and is based in Longueuil, Quebec.

Buy -
Mergr

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