McKesson Automation to be Acquired by Private Equity Firm

McKesson Automation, which sells integrated pharmacy automation products for healthcare providers, will be acquired by private equity firm Francisco Partners, according to a Pittsburgh Business Times report.

Following the transaction, the former McKesson division will operate as a separate company under a new name, according to the report. Chris Adams, a principal at Francisco Partners, reassured hospitals of continuity following the acquisition.

"We will maintain a close working relationship with McKesson to ensure that the companies' collective solutions for hospitals and healthcare providers are complementary and effective," he said in the report.

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