LENEXA, Kan.--(BUSINESS WIRE)--Mediware Information Systems, Inc., a portfolio company of TPG Capital, announced today that it will build a new 66,000+ square-foot world headquarters in Overland Park, Kansas. A vote by the Overland Park City Council on March 5 finalized Mediware’s position as the anchor tenant for the new CityPlace Corporate Centre III. Mediware will move from its current offices in Lenexa, Kansas when the new headquarters in Overland Park is complete in mid-2019. As Mediware seeks to significantly increase its local workforce over the next several years, the new headquarters will ensure the company is best positioned to continue delivering the highest quality products and services to its customers in health care and community care.
Acquired by TPG Capital in 2017, Mediware received a notable influx of capital to pursue its expansion strategy, which includes major acquisition targets. Mediware already announced the acquisition of Medicare billing company MEDTranDirect in the first month of 2018 alone, and has no plans of slowing down. As a result, the company recognized it would quickly outgrow its current headquarters. Mediware employs more than 900 people across nine offices, including nearly 100 full-time employees in its Lenexa headquarters. The company is actively recruiting and hiring, so leadership recognized it would quickly outgrow its current space.
“We are establishing a modern world headquarters for Mediware, and it will be a good home for our fast-growing company for years to come,” said Bill Miller, CEO of Mediware. “We live and work in the Kansas City metropolitan area. By establishing our headquarters here, we are making a tangible commitment to Kansas City as one of the most important hubs for tech innovation in the United States and in the world.”
“We are thrilled to welcome Mediware into CityPlace Corporate Centre III,” said Ken Block, managing partner of Block Real Estate Services. “The company’s aspiration and commitment to the community made them the ideal tenant for this promising new construction project, and we’re thrilled to partner with them as we continue developing the space.”
Mediware is a leading supplier of software for healthcare and human service providers and payers. Core Mediware solutions include blood management technologies for hospitals and blood centers; cell therapy solutions for cord blood banks, cancer treatment centers, and research facilities; medication management solutions for hospitals, behavioral health facilities, infusion and specialty pharmacy providers; and rehabilitation therapy and respiratory care solutions. For more information about Mediware products and services, visit our website at www.mediware.com.
TPG is a leading global alternative asset firm founded in 1992 with more than $73 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com.