TPG to Acquire Nextech from Thomas H. Lee Partners
July 19, 2023
TPG (through its TPG Capital platform) has signed a definitive agreement to acquire Nextech, a provider of clinical and administrative healthcare technology and EMR software for specialty physician practices, from Thomas H. Lee Partners for $1.4 billion. The deal, expected to close in Q3 2023 subject to regulatory review, will allow TPG to expand its healthcare IT / SaaS portfolio and grow Nextech's platform and capabilities.
- Buyers
- TPG (TPG Capital)
- Targets
- Nextech
- Sellers
- Thomas H. Lee Partners
- Industry
- Healthcare Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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