BioTouch, a West Haven, CT-based provider of outsourced medical supplies, kitting, and logistics services to the healthcare industry and portfolio company of Atlantic Street Capital, acquired Titan Solutions, a provider of logistics, kitting, and life sciences supply chain management solutions based in Shannon, Ireland.
The amount of the deal was not disclosed.
With the acquisition, Biotech will be better positioned to support the needs of its customers across the globe. This deal will significantly expand the international capabilities of the company and enhance its position as a global leader in healthcare supply chain management, providing solutions to more than 160 countries.
Led by CEO Paul Collins, Titan Solutions is a supply chain solutions provider to a range of industry verticals including Life Science. Leveraging its people, processes, and innovative technology, Titan works with global clients on applying complex supply chain solutions to equip them to scale for growth. Within its life science vertical, Titan Solutions is a sole-source provider for the design, fulfilment, and distribution of diagnostic and specimen collection kits to clinics and consumers through its ISO 13485:2016 certified and digitally enhanced network.
Founded un 2018 and led by Ruth Abdulmassih, CEO, BioTouch provides supplies, kitting and asset-light same day logistics solutions, exclusively focused on the medical laboratory and hospital industry, serving university health systems, independent laboratories, contract research organizations and national health systems. The company’s technology and customized software allows for real-time ordering and tracking of courier and specimen locations, and route optimization.
FinSMEs
06/03/2023