KIRKLAND, Wash. — Columbia Pacific Advisors, a Seattle alternative investment firm, has sold Talyst Systems LLC, a pharmacy automation solution based in Kirkland, Wash. Swisslog Healthcare, a global supplier of medication management and supply chain solutions and services, acquired the business for an undisclosed price.
Columbia Pacific acquired Talyst Systems in 2015 and strategically re-positioned the company.
“We are excited for Swisslog Healthcare and Talyst to come together and maximize each other’s strengths,” says Kevin Barber, managing director of the growth capital group at Columbia Pacific Advisors. “With the acquisition, Swisslog will offer an unmatched portfolio of inpatient and outpatient pharmacy solutions and Talyst will benefit from a company with global reach and resources.”
Talyst’s pharmacy automation services will complement Denver-based Swisslog’s healthcare supply chain solutions. Swisslog also brings an international profile as a member of the KUKA group, a global supplier of automation solutions headquartered in Germany.