Announced
Synopsis
Francisco Partners, an investment firm, agreed to acquire AdvancedMD, a cloud-based provider of medical office software, from Global Payments, a worldwide provider of payment technology and software solutions, for $1.25bn. “We are excited to welcome AdvancedMD back to the FP portfolio and to partner with the team to continue building best-in-class healthcare software. AdvancedMD’s end-to-end platform delivers an integrated user experience for patients, physicians, staff and billers, and is well-positioned to ensure its customers’ success,” Anders Mikkelsen, Francisco Partners Principal.
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