FFL Partners Completes Strategic Investment in Medicus IT
July 10, 2024
San Francisco-based private equity firm FFL Partners has completed an investment to acquire Medicus IT, a healthcare-focused IT managed services provider previously backed by 424 Capital. Medicus IT, headquartered in Alpharetta, Georgia, serves over 6,500 healthcare providers with ~300 employees across 30+ states and will partner with FFL to accelerate organic and inorganic growth and expand its mCare services platform; financial terms were not disclosed.
- Buyers
- FFL Partners
- Targets
- Medicus IT
- Sellers
- 424 Capital
- Industry
- Healthcare Services
- Location
- Georgia, United States
- Transaction Type
- Buyout
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