RedSail Technologies
| Company type | Private |
|---|---|
| Industry | Healthcare software, Information technology |
| Founded | 2020 |
| Headquarters | Spartanburg, South Carolina, United States |
Area served | United States (primary), broader pharmacy network reach |
| Products | PioneerRx, Axys, QS/1, PowerLine, BestRx, TransactRx, Emporos, RxMile |
| Services | Pharmacy management software, pharmacy transaction services, medical billing solutions, patient engagement tools. |
| Subsidiaries |
|
| Website | www |
RedSail Technologies, Inc. (formerly known as Smith Technologies)[1] is an American company that provides pharmacy software and services.[1][2][3]
History
In April 2020, Francisco Partners completed its acquisition of Smith Technologies and rebranded the business as RedSail Technologies.[4][5] Prior to the acquisition, Smith Technologies was known for providing pharmacy and public sector software solutions. Later in 2020, RedSail acquired PioneerRx.[6][7] In 2023, RedSail integrated with PointClickCare Technologies.[8] In 2024, RedSail partnered with Storbie, a New-Zealand based Pharmacy website solution.[9][10][11] The same year, RedSail secured a strategic growth investment from Leonard Green & Partners (LGP).[4] In early 2025, it acquired BestRX.[6][7] In November 2025, Redsail acquired RxMile.[12][13]
Other acquisitions includes Axys long-term care pharmacy software, PowerLine, QS/1, and TransactRx.[4]
Product and services
RedSail Technologies provides pharmacy management systems[1] such as PioneerRx, BestRx,[7] NRx by QS/1, PrimeCare, and Axys LTC, which support prescription processing, inventory control, patient management, billing, and regulatory compliance.[14]
Controversies
Antitrust scrutiny of proposed merger
In late 2025, the United States Department of Justice conducted a review of RedSail Technologies' proposed acquisition of Micro Merchants Systems, the operator of the PrimeRx pharmacy management software platform.[7] The potential challenge arose from concerns that the deal could reduce competition in the pharmacy software market for independent pharmacies, as both companies serve many of the same customers. Representatives of RedSail and Micro Merchants Systems met with the DOJ’s Antitrust chief during the confidential merger review process. The department had not reached a final decision.[6][15]
References
- ^ a b c "RedSail Technologies 2026 Company Profile: Valuation, Funding & Investors | PitchBook". pitchbook.com. Retrieved 2026-01-15.
- ^ "Redsail Technologies | Investments". Francisco Partners. Retrieved 2026-01-15.
- ^ "RedSail Technologies LLC". Bloomberg.com.
- ^ a b c Chowdhry, Amit (2024-06-23). "RedSail Technologies Raises Strategic Growth Investment From LGP". Pulse 2.0. Retrieved 2026-01-15.
- ^ "Francisco Partners Acquires Smith Technologies". www.rwbaird.com. Retrieved 2026-01-15.
- ^ a b c "DOJ Weighs Antitrust Challenge of Pharmacy Software Merger". Bloomberg.com. Archived from the original on 2025-12-11. Retrieved 2026-01-15.
- ^ a b c d CPI (2025-12-10). "DOJ Reviewing Potential Antitrust Challenge to Pharmacy Software Deal". PYMNTS.com. Retrieved 2026-01-15.
- ^ "RedSail Technologies Announces Integration Between Axys and PointClickCare Technologies". www.uspharmacist.com. Retrieved 2026-01-15.
- ^ and CDR (2024-12-03). "RedSail Technologies elevates Storbie brand as its website solution". Chain Drug Review. Retrieved 2026-01-15.
- ^ and Bill Schiffner (2024-03-19). "RedSail Technologies partners with Storbie to launch "RedSail Websites" for pharmacies". Chain Drug Review. Retrieved 2026-01-15.
- ^ Watanabe, Laurie (2024-03-21). "RedSail Technologies Partners with Storbie to Support Community Pharmacies". HME Business. Retrieved 2026-01-15.
- ^ Chowdhry, Amit (2025-11-20). "RedSail Technologies Acquires RxMile To Expand Pharmacy Delivery Capabilities". Pulse 2.0. Retrieved 2026-01-15.
- ^ and CDR (2025-11-11). "RedSail Technologies acquires RxMile". Chain Drug Review. Retrieved 2026-01-15.
- ^ Dorbian, Iris (2024-06-13). "LGP invests in health tech firm RedSail Technologies". PE Hub. Retrieved 2026-01-15.
- ^ AInvest. "DOJ Considers Blocking RedSail-PrimeRx Merger Over Market Concentration Fears". AInvest. Retrieved 2026-01-15.