TECSYS acquires PCSYS A/S for C$13.7M

Date Closed

February 01, 2019

Lead Office

Montréal

Value

13.70 Million CAD

On February 1, 2019, TECSYS Inc., through its subsidiary TECSYS Denmark Holding ApS, acquired all the issued and outstanding shares of PCSYS A/S for an aggregate purchase price of C$13.7 million. The acquisition was funded by TECSYS Inc. through a term loan of C$12 million from National Bank of Canada and existing cash.

TECSYS is a supply chain management software company based in Montreal, Quebec. It is a market leader in supply chain solutions for health systems and hospitals, and provides warehouse management, distribution and transportation management, supply management at point-of-use, and complete financial management and analytics solutions.

PCSYS A/S is a Danish technology company that develops and delivers supply chain management solutions. PCSYS A/S also provides warehouse and logistics management solutions, including hardware and service installation and integration.

McCarthy Tétrault LLP advised TECSYS with a team led by Sonia Struthers (acquisition) and Mary Jeanne Phelan (financing) that included Xin Gao, Jason Phelan, and Véronique Wattiez Larose.

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