Announced
Completed
Financials
Tags
Completed
United States
medical billing
Health Care Services
Acquisition
Domestic
Private
Majority
Friendly
Single Bidder
Private Equity
Synopsis
Lightyear Capital-backed PracticeTek, a provider of software and payments solutions to the retail healthcare market, completed the acquisition of Integrated Practice Solutions, a practice management and electronic health record software platform. Financial terms were not disclosed. “We are excited about the growth of PracticeTek since our majority investment in November 2021 and the new areas of opportunity that this transformative merger with IPS brings to customers across the healthcare provider value chain. We look forward to working with George and the entire management team, along with our partners GSV and Waud Capital," Mark F. Vassallo, Lightyear Managing Partner.
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