Premier (PINC) to Acquire Innovatix and Essensa Ventures in $325M Deal; FY17 Outlook Updated
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Premier Inc. Expands GPO Position in Continuum of Care Market with Agreement to Acquire Innovatix, LLC and Essensa Ventures, LLC
November 28, 2016 4:05 PM ESTAcquisition expected to be immediately accretive and will extend Premiers GPO footprint in fast-growing continuum of care space. Combined entity aligns continuum of care business with standardized sales, support and technology to create new economies of scale, deeper sales opportunities and increased contract penetration for existing and new customers. Fiscal 2017 financial guidance raised on expected contribution from acquisition.
CHARLOTTE, N.C.--(BUSINESS WIRE)--... More
