Francisco Partners to Acquire AdvancedMD from Global Payments
Slice of Healthcare Team
Nov 01, 2024
Key Highlights
- Francisco Partners acquires AdvancedMD from Global Payments Inc.
- AdvancedMD's cloud-based medical office software optimizes practice and patient workflows.
- Amanda Sharp promoted to CEO, driving growth and client-focused innovation.
- Acquisition bolsters Francisco Partners' healthcare tech portfolio.
- Expected to close in Q4 2024, pending standard regulatory approvals.
Source: Business Wire
Notable Quotes
“ This acquisition positions our business to meet the evolving needs of our clients, expand the product portfolio, and continue to invest in the business and our team members. ”
Amanda Sharp, CEO at AdvancedMD
“ 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. ”
Justin Chen, Partner at Francisco Partners
“ We appreciate all Global Payments has done to drive growth and innovation in this business and are confident that our acquisition will help AdvancedMD build on its strong foundation of success. ”
Ezra Perlman, Co-President at Francisco Partners
