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New Deal


Announced

TA Associates and Francisco Partners to invest in Edifecs.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

Acquisition

Software

Minority

technology solutions

Private Equity

Friendly

United States

Synopsis

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Two private equity firms, TA Associates and Francisco Partners agreed to invest in Edifecs, a global health information technology solutions company. Financial terms were not disclosed. “The investment from TA Associates and Francisco Partners will help Edifecs catalyze this transformation, innovate faster and bring technology to market quicker to meet the demands of our customers. We are pleased to welcome TA Associates and Francisco Partners as investors in Edifecs. Together, they bring more than 60 years of experience in the healthcare and technology industries, and both have demonstrated a strong record of helping thriving companies such as ours accelerate growth. I am confident that TA and Francisco Partners will be valuable partners during this journey,” Sunny Singh, Edifecs Founder and CEO.

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