Side note Brother... When Equity Partners start sniffing and buying in a sector.. pick your head up and look around things could really change in a hurry Holding my base. from now on.. Pilot
The Sage Group plc today announced that it has reached a definitive agreement to sell Sage Software Healthcare LLC, its subsidiary offering practice management and Electronic Health Record solutions to US physician practices, to Vista Equity Partners. Vista is a San Francisco based private equity firm that invests in software and technology companies. The deal is for cash and the price is $320 million US dollars. According to Sage the sale is expected to complete in November 2011.