WAYNE, PENNSYLVANIA – August 30, 2018: Falcon Capital Partners, a leading middle-market investment bank, has provided strategic advisory to Forerunner Holdings (dba RXTransparent), a provider of healthcare supply chain software for the pharma drug industry.
RXTransparent, headquartered in King of Prussia, PA, is the first and only DSCSA (Drug Supply Chain Security Act) compliance solution that provides visibility and transparency throughout the entire healthcare supply chain. Built on a modern platform with blockchain technology, the SaaS product is sold into the “last mile” pharmacy dispensing locations, facilitating the most common medication tracking scenarios from the loading dock all the way through dose.
Falcon assisted with the development of the business plan and investment strategy, which culminated in a successful investment round led by private individuals.
The Falcon deal team was led by Managing Director Ted Stack and Senior Associate Conrad Olenik.