Cps Solutions, Llc Announces Acquisition Of Trellis Rx, Llc, Offering End-To-End Suite Of Products And Solutions Across Inpatient, Outpatient & Specialty Pharmacy
Jun 02, 2022•about 3 years ago
Acquiring Company
CPS Solutions
Acquired Company
Trellis Rx
Health CareContent And PublishingHealth CareCommunity And LifestyleHealth CareContent And Publishing
Description
CPS Solutions, LLC (“CPS”), a leading provider of enterprise pharmacy solutions to hospitals and health systems, today announced it has closed its acquisition of Trellis Rx, LLC (“Trellis”), a leading technology-enabled specialty pharmacy services provider. The combined company will offer a broader range of offerings and provide greater flexibility of services, structure and support to better support patients and health and hospital systems alike. Financial terms of the transaction were not disclosed; the transaction was subject to customary closing conditions.
FundzWatch™ Score
89
High M&A Activity
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed