Wellington Financial leads funding of TUC's merger with CareWorx
TUC Managed IT Solutions, a managed information technology and cloud services provider, has merged its operations with CareWorx Inc, a provider of technology solutions to senior care facilities. No financial terms were released. Ottawa-based TUC and Orangeville, Ont.-based CareWorx have been partners since November 2014. They said the merger "represents the next level of managed services providing the complete technology stack for senior care". Wellington Financial, a Canadian specialty finance firm, led funding for the deal, with participation from a healthcare venture capital fund managed by EPIC Capital, a Canadian boutique investment firm.
8 February 2016•4 mins read
