Fortive Acquires Censis Technologies from The Riverside Company

November 11, 2019

Fortive Corporation has acquired Censis Technologies, a Franklin, Tennessee-based provider of SaaS surgical instrument tracking and sterile processing workflow solutions, from The Riverside Company. Riverside said it executed a value-creation plan during its ~5-year hold—growing the sales team, completing an add-on (Applied Logic) and materially expanding hospital penetration—before selling the business to Fortive.

Buyers
Fortive Corporation
Targets
Censis Technologies, Inc.
Sellers
The Riverside Company
Industry
Cloud & SaaS
Location
Tennessee, United States
Transaction Type
Buyout

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