Clinisys announced the acquisition of Orchard Software from Francisco Partners. The combined capabilities provide for comprehensive, flexible, and scalable informatics offerings that can better serve customers across the global diagnostics market.
Francisco Partners acquired Orchard Software in 2019 and since investing in the company, the firm has implemented a strategic transformation of the business, including modernizing Orchard’s product suite, enhancing its cloud solutions, and strengthening its leadership team.
The combination of Orchard’s LIS portfolio and Clinisys’s LIMS and diagnostic solutions creates new opportunities for customers across North America and international markets.
Aeris Partners served as the exclusive financial advisor and Kirkland & Ellis LLP served as the legal advisor to Francisco Partners and Orchard Software.
