Lagniappe Health Acquires OPUS-ISM
On August 27, 2012, Lagniappe Health, a Calvert Street portfolio company, completed the acquisition of OPUS-ISM.
OPUS-ISM is a leading national provider of pharmacy management systems, POS software and related solutions and services to all types of pharmacies including: retail, managed and long-term care, HMO, outpatient hospital, nursing homes/facilities, specialty pharmacies and other institutions. Headquartered in Pine Brook, NJ, OPUS-ISM has been one of the premier providers of pharmacy management systems and services for more than 35 years.
“This transaction is a strategic partnership that represents a continuation of Lagniappe Health’s plan to build and strengthen our company through acquisition and organic growth,” said Jacob Canova, CEO & President of Lagniappe Health. “Our plan is to leverage our products and services across our entire customer base with a focus on innovative technology solutions and exceptional customer service.”
Mike Booth at Calvert Street commented, “We are pleased to support Lagniappe in its acquisition strategy to become a dominant provider of technology products and services to the pharmacy market. The acquisition of OPUS helps Lagniappe to increase its market share and diversify its customer base”.
On August 25, 2011, Lagniappe Health Inc., a holding company formed by Calvert Street, acquired Healthcare Computer Corporation (www.hcc-care.com) and Freedom Data Services (www.fdsrx.com). Lagniappe Health Inc. is focused on providing healthcare IT driven solutions that reduce healthcare costs and help their customers increase their profitability while improving patient outcomes.