RedSail Technologies acquires PrimeRx

FEBRUARY 17, 2026

RedSail Technologies (Francisco Partners +1) acquires PrimeRx (TA Associates)

TARGET

PrimeRx provides end-to-end pharmacy management software automating prescription processing, billing, inventory, and clinical workflows for independent and community pharmacies.

Ownership	PE-backed · TA Associates (prior owner); TA Associates
Capital raised	$201M
Headquarters	Uniondale, New York
Leadership	Ketan Mehta, CEO
Sell-side advisor	William Blair

ACQUIRER

RedSail Technologies

RedSail Technologies provides pharmacy management software, data solutions, and transaction services to a national network of independent, community, long-term care, and specialty pharmacies.

Ownership	PE-backed · Francisco Partners and Leonard Green & Partners
Headquarters	Spartanburg, South Carolina
Deal team	Justin Chen (Francisco Partners and Leonard Green & Partners) Karl Shum (Francisco Partners and Leonard Green & Partners)
Leadership	Andrew Maurer, CEO
Buy-side advisor	—

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RedSail Technologies -> PrimeRx  (2026-09-18)
add_on | Healthcare | closed
Target: PrimeRx provides end-to-end pharmacy management software automating prescription processing, billing, inventory, and clinical workflows for independent and community pharmacies.
Website: primerx.io | Buyer site: redsailtechnologies.com
HQ: Uniondale, New York | Ownership: pe-backed | Seller: TA Associates | Buyer sponsor: Francisco Partners and Leonard Green & Partners | Buyer ownership: pe-backed
Advisors - Sell-side: William Blair
Source: Thematic - https://thematichq.com/software/d/redsail-technologies-primerx.html

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