Novo Holdings to acquire a minority stake in Availity from Francisco Partners.

Novo Holdings, an international investor in healthcare and life sciences, agreed to acquire a minority stake in Availity, a healthcare information technology company, from Francisco Partners, an American private equity firm. Financial terms were not disclosed. "Novo Holdings brings new and exciting perspectives to our organization. Their deep experience in global healthcare and commitment to build a stronger, more sustainable healthcare system will help us take payer-provider collaboration, and the tangible benefits of that collaboration, to the next level," Russ Thomas, Availity CEO.