FFL Partners completed the acquisition of a minority stake in Medicus IT from 424 Capital.

FFL Partners, a private equity firm, completed the acquisition of a minority stake in Medicus IT, a healthcare-focused IT managed services provider, from 424 Capital, a private equity firm. Financial terms were not disclosed. “As a growing private equity firm that solely specializes in Healthcare and Tech-Enabled Services investments, we couldn’t be more excited to partner with Medicus IT. Medicus IT understands the opportunities and challenges that come with running a healthcare practice. The Company’s differentiated managed IT, compliance, and cybersecurity offerings allow healthcare providers to deliver positive patient outcomes at scale across any EMR/EHR system those practices choose to use," Jonathon Bunt, FFL Partners Partner.