RedSail Technologies, LLC in Position to Buy PioneerRx® to Transform Community Pharmacy
SPARTANBURG, SC, November 18, 2020 /PRNewswire/ — RedSail Technologies, LLC, has signed an agreement to acquire PioneerRx, LLC. The transaction is currently undergoing standard regulatory review and will close upon receipt of approval.
PioneerRx, an innovator and leader in pharmacy software for community pharmacies, will join other great brands that are part of the RedSail Technologies family – QS/1®, Integra®, PUBLIQ® Software and PowerLine®.
“We are committed to transforming pharmacy and adding PioneerRx to our family of brands will help accelerate our efforts to build one of the most advanced and profitable pharmacy networks in the country,” commented RedSail’s CEO. Technologies, LLC, Kraig McEwen. McEwen continued, “PioneerRx’s track record speaks for itself: tremendous growth, delighted customers and best-in-class service. We are thrilled to have them part of the RedSail family.
“PioneerRx is thrilled at the opportunity to be part of RedSail Technologies as our company continues to deliver amazing solutions that are revolutionizing independent pharmacy. PioneerRx’s mission is to save and revitalize independent pharmacy and we believe that teaming up with RedSail Technologies will accelerate our ability to do this,” said Key JeffPresident and CEO of PioneerRx.
Key Jeff and the PioneerRx leadership team will continue to lead the PioneerRx organization, with operations in Irving, TX and Shreveport, Louisiana. RedSail Technologies, LLC is headquartered in Spartanburg, South Carolina with operations in Anacortes, Washington.
Goldman Sachs served as exclusive financial advisor to PioneerRx and helped structure and negotiate the transaction on its behalf. Alston & Bird LLP served as counsel to PioneerRx. Kirkland & Ellis LLP served as legal counsel to RedSail Technologies.
About RedSail Technologies
RedSail Technologies, LLC, provides innovative and comprehensive software solutions for healthcare and government. It pioneered the community and institutional pharmacy software markets over 40 years ago and has competed in the government software arena for over 50 years. RedSail’s mission is to enable its customers to serve their communities by being unwavering in its adherence to RedSail’s corporate values - forward thinking, one team, relationships, tempo and experts. Learn more about RedSail Technologies at www.redsailtechnologies.com
PioneerRx is committed to saving and revitalizing independent pharmacy. With unparalleled customer support and continuous updates, PioneerRx pharmacy software enables pharmacies to thrive in a patient-centric clinical future. By implementing user suggestions and leading the way in key industry trends, they enable pharmacies to continue to be successful and improve patient outcomes. Find out why PioneerRx is the most installed independent pharmacy software: Visit www.pioneerrx.com.
SOURCERedSail Technologies, LLC