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WA-85020

Francisco Partners / Capsa HealthcareWA-85020

View on ACCC

Processing timeline

3

days

Filed

30 Mar 2026

Notification waiver determination published

Decision

2 Apr 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

Catalyst Blocker Merger Sub I, LLC, Catalyst Blocker Merger Sub II, LLC, Catalyst Holdco Merger Sub, LLC, Catalyst Debt Merger Sub, LLC

Target(s) or Vendor(s)

CSHC Buyerco, LLC

Other parties

CSHC Holdings, LLC, Capsa Solutions, LLC, CSHC Fund Blocker, LLC, CSHC Co-Investment Blocker Corp., LLC, Francisco Partners Management, LP

Summary

Funds advised by Francisco Partners Management, LP, a global technology investment firm, will acquire 100% of CSHC Buyerco, LLC (Capsa Healthcare) via a share sale. Capsa Healthcare manufactures and supplies healthcare equipment and technology-enabled point-of-care hardware, including mobile medication carts, for the hospitals sector.

Acquisition details

Francisco Partners Management, LP ( Francisco Partners ) is a global investment firm specialising in technology and technology-enabled businesses, headquartered in San Francisco, United States with offices in New York and London. Francisco Partners has several portfolio companies that operate across multiple sectors, including in Australia. CSHC Buyerco, LLC (together with its connected entities, Capsa Healthcare ) manufactures and supplies healthcare equipment and technology-enabled point-of-care hardware, including mobile medication carts, pharmacy automation hardware, clinical workstations, and medical supply chain software. Capsa Healthcare does not have a physical presence in Australia but does generate a proportion of its global revenue from supply to Australian customers. Pursuant to a share sale agreement and as described in the transaction documents provided as part of the application, the funds advised by Francisco Partners which are currently controlled by the acquiring vehicles will acquire 100% control and ownership of Capsa Healthcare.

Industry

Broad:Healthcare & Life SciencesANZSIC 8401:Hospitals (Except Psychiatric Hospitals)

Decisions and key events

2 Apr 2026Notification waiver determination publishedAttachmentPDF152.2 KB

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