Add-on Acquisition • Information Technology

pCare Acquires TruthPoint

On September 5, 2019, pCare acquired information technology company TruthPoint

Acquisition Context

This is pCare’s 1st transaction in the Information Technology sector.
This is pCare’s 1st transaction in the United States.
This is pCare’s 1st transaction in Minnesota.

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M&A Deal Summary
Date	September 5, 2019
Target	TruthPoint
Sector	Information Technology
Buyer(s)	pCare
Deal Type	Add-on Acquisition

Target Company

TruthPoint

Eden Prairie, Minnesota, United States

Vertical Systems, Inc is a developer of an open platform which integrates with existing EHR/EMR systems, patient portals, and mobile health applications to connect patients, families, and caregivers. Vertical Systems is based in Eden Prairie, Minnesota.

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Buyer Overview 1

Buyer

pCare

Lake Success, New York, United States

Category	Company
Founded	1950
Sector	Medical Products

DESCRIPTION

pCare is a provider of interactive patient engagement solutions that improve patient outcomes and make the work of healthcare teams safer and simpler. pCare develops and supplies interactive television systems, television and telephone rental programs, and audio/visual products and services to the healthcare industry. pCare was founded in 1950 and is based in Lake Success, New York.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Minnesota	1 of 1
Country: United States	1 of 1
Year: 2019	1 of 1

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