TECSYS Closes Acquisition of Logi-D
MONTREAL, June 2, 2014 — TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company, today announced that on May 31, 2014, it successfully closed the previously-announced acquisition of all of the shares of Logi-D Holding Inc., a leading provider of point-of-use technology for supply chain automation servicing hospitals and healthcare organizations based in Laval, Quebec.
TECSYS Acquires Logi-D
TECSYS provides transformative supply chain solutions that equip our customers to succeed in a rapidly-changing omni-channel world. TECSYS solutions are built on a true enterprise supply chain platform, and include warehouse management, distribution and transportation management, supply management at point-of-use, as well as complete financial management and analytics solutions. Customers running on TECSYS' Supply Chain Platform are confident knowing they can execute, day in and day out, regardless of business fluctuations or changes in technology, they can adapt and scale to any business need or size, and they can expand and collaborate with customers, suppliers and partners as one borderless enterprise. From demand planning to demand fulfillment, TECSYS puts power into the hands of both front line workers and back office planners, and unshackles business leaders so they can see and manage their supply chains like never before.
TECSYS is the market leader in supply chain solutions for health systems and hospitals. Over 600 mid-size and Fortune 1000 customers trust their supply chains to TECSYS in the healthcare, service parts, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.
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