TPG to acquire Nextech from Thomas H. Lee Partners for $1.4bn.

TPG, a private equity investment firm, agreed to acquire Nextech, a healthcare technology solution provider, from Thomas H. Lee Partners, a private equity firm, for $1.4bn. “Nextech’s goal is to simplify the healthcare experience so physicians can focus on what matters most: their patients. In TPG, we have found a partner who supports our mission to simplify the process of delivering excellent care and who brings to our organization distinct experience building businesses in the healthcare and software sectors. We’re excited to work together to grow our capabilities and strengthen our position as the end-to-end technology platform for specialty care providers,” Bill Lucchini, Nextech CEO.