ABRY Partners' Securus buys PHD Medical's telemedicine assets
Securus Technologies Inc has acquired the corrections telemedicine hardware, software, management and development assets of Baie d’Urfe, Québec's PHD Medical Inc. The terms of the all-cash deal were not released. Securus, a Dallas provider of civil and criminal justice technology solutions, said the acquisition is its 20th to date. The company plans to bundle PHD Medical's telemedicine business into its existing product set. Securus is a portfolio investment of U.S. private equity firm ABRY Partners. ABRY acquired it from Castle Harlan in April 2013.
1 December 2016•3 mins read
