Kansas-Based Netsmart Acquires Defran Systems

Circle Connections: Mergers & Acquisitions In another move that signals the continued consolidation of systems vendors specializing in behavioral health and human services, Netsmart Technologies (Overland Park, Kan.) acquired Defran Systems (New York, NY). Financial terms were not disclosed. The acquisition of Defran Systems is significant for Netsmart because, under the guidance of founder and CEO Fran Loshin-Turso, Defran and its Evolv family of products have carved a significant niche not only in behavioral health services – notably to small and medium sized organizations – but also among the nation's tangled web of state and local social services, child and . . .