TPG Growth, the middle market arm of private-equity investing company TPG, has acquired iMDsoft, a Needham, Mass.-based provider of clinical information systems. Financial terms of the deal were not disclosed in an iMDsoft news release (PDF) announcing the deal.
TPG Growth buys out iMDsoft
"We believe that TPG Growth's assets, access to top-tier talent and management expertise will enable us to execute on our ambitious growth strategy, continue our trajectory of technological innovation and support our growing worldwide customer base," Phyllis Gotlib, iMDsoft's CEO, said in the release.
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