Synergy Medical BRG Inc.

Parata Systems LLC, a Frazier Healthcare Partners portfolio company has acquired   Synergy Medical BRG Inc.

Parata Systems LLC, a Frazier Healthcare Partners portfolio company, has acquired Synergy Medical BRG Inc.

Industry:

Health Care

Parata Systems LLC, a Frazier Healthcare Partners portfolio company, has acquired Synergy Medical BRG Inc. MNP Corporate Finance Inc. acted as exclusive financial advisor to Synergy Medical BRG Inc. in structuring and negotiating this transaction.

Transaction Brief

Parata Systems LLC, a Frazier Healthcare Partners portfolio company, is a leading provider of pharmacy packaging and automation solutions and related consumables. With its scalable solutions ranging from medication adherence packaging technology to enterprise-wide perpetual inventory management for long term care, hospital, retail, and emerging at-home dispensing pharmacies,  the company serves more than 470 unique customers with a rapidly growing installed base across over 700  pharmacies in the U.S.

Synergy Medical BRG Inc., based in Quebec, provides automated systems for preparing and dispensing solid oral medications in blister cards (pill organizers).