SoftWriters Receives Majority Equity Investment from TA Associates

SoftWriters Holdings, an Allison Park, Pa.-based provider of pharmacy management software to the long-term care industry, received a majority equity investment from TA Associates.

The terms and the amount of the deal were disclosed. In conjunction with the transaction, Ethan K. Liebermann, Mark H. Carter and Harry D. Taylor, TA Associates, will join the company’s Board of Directors.

Founded in 1990 and led by Tim Hutchison, President and CEO, SoftWriters provides enterprise software solutions that are designed to help LTC pharmacies better serve their clients (assisted living and skilled nursing facilities, continuing care retirement communities, correctional facilities and other LTC enterprises).
The company’s suite of management tools features FrameworkLTC®, and companion products FrameworkLink™, FrameworkFlow™ and FrameworkHL7™, which address pharmacies’ day-to-day operational needs such as pharmacy management, facilities management, prescription order entry, electronic claims adjudication, invoicing and pharmacy-client connectivity.
SoftWriters is a Microsoft Certified Partner for Independent Software Vendor (ISV) solutions, and a member of the American Society of Consultant Pharmacists (ASCP) and the American Society of Automation in Pharmacy (ASAP).

FinSMEs

17/09/2013

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