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Francisco Partners to buy medical software firm AdvancedMD from Global Payments
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Francisco Partners to buy medical software firm AdvancedMD from Global Payments
Oct 30, 2024 9:55 PM

Oct 30 (Reuters) - Technology-focused investment firm

Francisco Partners is buying medical software company AdvancedMD

from Global Payments ( GPN ), the companies said on Wednesday.

Financial terms of the deal were not disclosed. Global

Payments ( GPN ) had acquired AdvancedMD in a $700 million deal in 2018.

AdvancedMD, founded in 1999, provides payments and other

healthcare-focused services to hospitals and independent

physicians.

The deal is expected to close in the fourth quarter, the

companies said.

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