Thomas H. Lee Partners Acquires Nextech Systems
June 26, 2019
Funds affiliated with Thomas H. Lee Partners (THL) have acquired Nextech Systems, a Tampa-based provider of cloud-based healthcare technology solutions for specialty physician practices, from Francisco Partners and other stockholders. THL plans to support Nextech's growth by enhancing its cloud platform and pursuing strategic M&A while Nextech will remain headquartered in Tampa and led by its existing management team.
- Buyers
- Thomas H. Lee Partners
- Targets
- Nextech Systems
- Sellers
- Francisco Partners, Other stockholders
- Industry
- Cloud & SaaS
- Location
- Florida, United States
- Transaction Type
- Buyout
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