RedSail Technologies, a premier provider of pharmacy technology and solutions, announced a strategic growth investment from Leonard Green & Partners (LGP). As part of the transaction, Francisco Partners (FP), which created RedSail by combining two separate divisional carve-outs in 2020, will also reinvest in the company alongside management. This investment will help advance RedSail’s mission of elevating the role of pharmacy and health of its communities by building the most clinically advanced and financially sustainable pharmacy network. With over 12,000 pharmacy locations today, the company’s comprehensive platform combines best-in-class pharmacy management software, robust proprietary pharmacy network switch capabilities, and a suite of data services that together provide financial and clinical benefits to customers across the pharmacy stakeholder ecosystem.
Read the full article: Leonard Green & Partners and Francisco Partners Join Forces to Drive the Next Chapter of Growth at RedSail Technologies //
Source: https://www.businesswire.com/news/home/20240613405644/en/Leonard-Green-Partners-and-Francisco-Partners-Join-Forces-to-Drive-the-Next-Chapter-of-Growth-at-RedSail-Technologies