Francisco Partners (FP) is making a significant move in the healthcare software space with a $1.13 billion acquisition of AdvancedMD, a leading cloud-based medical office software provider, from Global Payments. This acquisition aligns with FP’s track record of investing in technology-driven companies, aiming to position AdvancedMD as a standalone business with a focus on accelerating investment and product innovation in the healthcare market.

🔍 The Deal Details:

• Transaction: Francisco Partners to acquire AdvancedMD from Global Payments for $1.13 billion
• Core Assets: AdvancedMD’s platform offers integrated practice management, electronic health records, patient engagement, and payment solutions, supporting healthcare providers with end-to-end patient care workflows
• Strategic Value: This carve-out will allow AdvancedMD to focus on its growth in healthcare technology, benefiting from Francisco Partners’ experience in the industry and commitment to supporting standalone technology firms

With FP’s expertise in healthcare technology and divisional carve-outs, AdvancedMD is set for a promising future focused on innovation, expansion, and addressing the evolving needs of healthcare professionals. 💥

📈 What are your thoughts on this acquisition? Could this carve-out enhance AdvancedMD’s value in the healthcare tech market? Let’s discuss below! 👇