GTCR, a private equity firm, completed the acquisition of a majority stake in Experity, a developer of healthcare software, for $1.2bn. Warburg Pincus retained a minority ownership stake in the company. "This investment represents the culmination of years of relationship-building and activity in the urgent care and healthcare technology sectors. In that time, we came to know the Experity business well and believe the team there has done a phenomenal job in building this market-leading solution. We are thrilled to partner with Dr. Stern and the Company, and look forward to this next chapter with the entire Experity team and our partners at Warburg Pincus," Dean Mihas, GTCR Co-CEO and Managing Director.