Updated Aug. 27, 2014 at 7:47 a.m.

Premier, Inc. acquires Raleigh-base supply chain software firm Aperek for $48.5M

Published: 2014-08-27 07:27:00
Updated: 2014-08-27 07:47:38


Aperek, which formerly was known as Mediclick and focuses on supply chain software solutions for the healthcare industry, is being acquired by Charlotte-based Premier, Inc. in a deal valued at $48.5 million.

Premier (Nasdaq: PINC) raised $874 million through an IPO last October and has been on an acquisition binge.



"Aperek is a provider of leading healthcare supply chain solutions and will be instrumental in helping us further automate all of the supply chain management processes, is the critical element to our longer term, all-in technology, data analytics and services model," said Premier Chief Executive Officer Susan DeVore in a conference call with analysts.

"This is a buy versus a build decision for us it will get us where we need to go more quickly and cost efficiently."

Aperek is a software-as-a-service firm based in Raleigh and is privately held.

The deal was announced Tuesday after the companies settled on terms of the acquisition on Monday. 

Aperek described itself as "an ambitious leader blazing a trail through the healthcare industry. Every day, through revolutionary technology, business acumen and vision we enable our clients. We are powered by knowledge gained from deep experience. We know industry challenges. We work as a dependable adviser and fresh force with our clients."

The company works with clients to reduce costs and also to help healthcare providers concentrate more on patient care.


 

 

 

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