Capsa Healthcare (“Capsa”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has acquired the Humanscale Healthcare division of Humanscale Corporation (“Humanscale Healthcare”). Terms of the transaction were not disclosed.
Based in New York, Humanscale Healthcare is a market leader in next generation point-of-care solutions that advance caregiver and patient safety, engagement and satisfaction. Through developing innovative healthcare technology solutions, the division seeks to empower healthcare providers with the capabilities to offer higher standards of patient care.
Capsa is a leading provider of innovative, highly engineered workflow products that increase efficiency and reduce costs, enhance medication security, and tighten inventory control across healthcare settings worldwide. With over 50 years of product innovation experience, Capsa has grown steadily through a combination of internal development and the acquisition of complementary product brands and technology platforms. Capsa’s purchase of Humanscale Healthcare is the company’s seventh major brand acquisition in the last eleven years and its third during LLCP’s ownership.
Avi Zisman, CEO of Capsa, stated, “Humanscale Healthcare’s suite of healthcare solutions focused on user ergonomics, streamlined workflows and enhanced medication management processes make it a perfect addition to the Capsa platform. This partnership extends Capsa’s product portfolio, enhances our product design capabilities and further defines Capsa as the preferred choice for point-of-care solutions worldwide.”
Capsa’s core offerings include mobile workstations, medication management solutions, and pharmacy automation products sold to a diverse set of end customers, including leading health systems, senior care communities, and major retail and institutional pharmacies. Capsa was founded in 1958 and is headquartered in Columbus, Ohio with additional production facilities in Portland, Oregon and Agua Prieta, Mexico.
“We are thrilled that Capsa recognizes the strength of the Humanscale Healthcare brand, products and team. We are proud of our incredible healthcare business and are confident it will continue to be an innovator on behalf of the industry as part of Capsa,” said Heather Fennimore, President of Humanscale Healthcare.
Andrew Schwartz, a Partner at LLCP, added, “We are excited to demonstrate our long-term support of Capsa through this acquisition. Humanscale Healthcare strengthens Capsa’s ability to provide highly-valued, comprehensive point-of-care solutions to its clients across the globe.”
Capsa is a portfolio company of Levine Leichtman Capital Partners VI, L.P.