Omnicell Acquires ReCept

December 29, 2021

Omnicell, Inc. completed the acquisition of ReCept Holdings, Inc. for $100 million in cash, adding ReCept's specialty pharmacy management and 340B administration services to Omnicell's Advanced Services portfolio. The ReCept business had approximately $24 million of annual recurring revenue (12 months ended Sept. 30, 2021) and the deal is expected to be accretive to Omnicell's non-GAAP EBITDA beginning in Q1 2023.

Buyers
Omnicell, Inc.
Targets
ReCept Holdings, Inc.
Location
Texas, United States
Transaction Type
Buyout

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