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TractManager, Inc. acquires MedApproved

Press releases may be edited for formatting or style | July 11, 2017 Business Affairs


About TractManager, Inc.
TractManager's healthcare-specific strategic sourcing application suite serves the purchasing and contract management needs of three out of five US hospitals. Serving the healthcare industry with integrity for over 30 years, TractManager is the first-mover in strategic sourcing and enterprise contract lifecycle management. Our advisory services wrap around each solution component, optimizing purchasing and service category management, while supporting best-practice contracting processes. With divisions in Dallas (MD Buyline) and Chattanooga, Tenn. (MediTract), we are dedicated to helping our clients reduce their capital and non-labor costs, and conform their contract management to meet regulatory requirements.

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About Arsenal Capital Partners
Formed in 2000, Arsenal Capital Partners is a leading New York-based private equity firm that invests in lower middle-market specialty industrial and healthcare companies. Arsenal makes investments in sectors where the firm has significant prior knowledge and experience. The firm targets businesses that have the potential for further value creation by working closely with management to accelerate growth and leverage the firm's operational improvement capabilities. Since inception, Arsenal has raised institutional equity investment funds totaling $3 billion.

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