Fortive (FTV) to Acquire Provation for $1.43 Billion

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Fortive to Acquire Provation, a Leading Healthcare Workflow Software Provider

December 3, 2021 12:27 PM EST

Accelerates Fortives Advanced Healthcare Solutions (AHS) segment strategy, building on established position in critical workflow solutions for hospitals and Ambulatory Surgical Centers (ASCs) Broad and diverse healthcare customer base with cross-sell opportunities with other AHS operating companies Expected double-digit-plus revenue growth rate; approximately 70% recurring revenue Expected to be accretive to Fortives adjusted EPS in fiscal 2022 and to achieve attractive high-single-digit ROIC in five years, driving sustainable long-term value creation

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation ("Fortive") (NYSE:... More