Business Wire December 3, 2021
- Accelerates Fortive’s Advanced Healthcare Solutions (AHS) segment strategy, building on established position in critical workflow solutions for hospitals and Ambulatory Surgical Centers (ASCs)
- Broad and diverse healthcare customer base with cross-sell opportunities with other AHS operating companies
- Expected double-digit-plus revenue growth rate; approximately 70% recurring revenue
- Expected to be accretive to Fortive’s adjusted EPS in fiscal 2022 and to achieve attractive high-single-digit ROIC in five years, driving sustainable long-term value creation
EVERETT, Wash.–(BUSINESS WIRE)–Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it has entered into a definitive agreement with Clearlake Capital Group, L.P. to acquire Provation Software, Inc. (“Provation”), a leading provider of clinical workflow software solutions used in hospitals and ASCs, for...
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