--Deal will create a new platform for innovation in health and social care information technology--
STG's objective is to create growing, profitable businesses that are acknowledged as best-in-class within the markets they serve. The acquisition of the McKesson operations represents another step in STG's commitment to innovation in the healthcare market. STG's current healthcare portfolio includes Symphony Health Solutions, a leading provider of high-value data, analytics and software tools for healthcare and life sciences companies and
Each of the McKesson businesses is an established supplier in its respective local market, providing strategic information technology systems that manage the flow of information between departments and organizations. These systems assist health and social care practitioners in delivering improved outcomes to those individuals in their care.
STG intends to operate the acquired businesses as independent companies that will remain focused on serving the current and future needs of their respective customers. STG intends to support the continued expansion of each business's solution sets both by creating new, innovative products and through selective acquisitions. It will leverage, where appropriate, insights and capabilities from other STG portfolio companies serving the healthcare market.
"We are excited about supporting the McKesson businesses through the next stage of their growth," said STG Managing Director
"We are pleased to have found a new owner in STG, which is an experienced and long-term investor," said
The deal is expected to close in June. Terms have not been disclosed.
For more information, visit www.symphonytg.com [http://www.symphonytg.com/].
208 350 3310 :: firstname.lastname@example.org
Web site: http://www.symphonytg.com/
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