Healthcare Mergers, Acquisitions & Ventures Week
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AdvancedMD Software Inc.
AdvancedMD Acquired by Francisco Partners
February 2nd, 2008
AdvancedMD Software Inc. (www.advancedmd.com), the leading provider of web-based medical practice management solutions, announced that it has been acquired by Francisco Partners, a leading technology-focused private equity firm based in San Francisco. The combination of AdvancedMD's success and its opportunity for sustained growth in the physician practice management market were the foundations for Francisco Partners' investment. "Excellent value in products and services tailored specifically to the needs of the physician revenue management market has resulted in a solid track record of growth," said Ezra Perlman, Partner at Francisco Partners. "We intend to leverage...
Source: Healthcare Mergers, Acquisitions & Ventures Week (2008-02-02)
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