Deal Details
Sale to Frazier Healthcare Partners
Summary
Baird served as financial advisor to TCGRx on this transaction
About
Chudy Group, LLC d.b.a. TCGRx (“TCGRx” or the “Company”) was recently acquired by Frazier Healthcare Partners (“Frazier”). Terms of the transaction were not disclosed.TCGRx is an industry leading innovator and provider of end-to-end pharmacy automation and workflow technology solutions to pharmacies. With over 1,250 automation systems deployed in over 700 long-term care, acute, retail and at-home pharmacies, the Company’s software-enabled solutions facilitate accurate and efficient high volume dispensing of patient specific medication, workflow optimization and medication waste reduction. TCGRx also designs and engineers proprietary adherence pouch packaging, blister card packaging and other consumables designed specifically for TCGRx systems. The Company is headquartered in Powers Lake, Wisconsin.
Founded in 1991, Frazier Healthcare Partners is a private equity firm specializing in investments in healthcare services, medical products and pharmaceutical businesses. Since its launch over 25 years ago, Frazier has raised approximately $3 billion in capital and invested in more than 170 healthcare portfolio companies. Frazier is based in Seattle, Washington.
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- Date
- July 2017
- Company
- TCGRx
- Transaction
- M&A
- Sectors
-
Healthcare
Industrial - Target Geography
- North America
- Acquiror Geography
- North America
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