# TCGRx acquires Parata Systems to create pharmacy automation leader

TCGRx, a portfolio company of Frazier Healthcare Partners, acquired Parata Systems, combining medication adherence packaging and robotic dispensing technologies.

- Type: Acquisition
- Announced: 2018-12-03
- Where: Powers Lake, Wisconsin; Durham, North Carolina, United States
- Status: completed
- Products: medication adherence packagers, inspection systems, vial-filling robots, automated blister card packaging
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [TCGRx](https://endata.com/companies/19306.md) (acquirer)
- [Parata Systems](https://endata.com/companies/19307.md) (target)
- [Frazier Healthcare Partners](https://endata.com/companies/19308.md) (investor)

## Sources

- [parata.com](https://parata.com/whats-new/news/tcgrx-parata-merge-create-pharmacy-automation-leader/), 2018-12-03: "TCGRx's merger with Parata provides a major growth opportunity for both our businesses through extended solution and service offerings for our customers."
- [privateequityinternational.com](https://www.privateequityinternational.com/frazier-backed-tcgrx-acquires-parata-systems/), 2018-12-03: "TCGRx's merger with Parata provides a major growth opportunity for both our businesses through extended solution and service offerings for our customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.