Thoma Bravo will acquire NextGen Healthcare, according to a news release.
NextGen, founded in 1994 and based in Atlanta, is a provider of healthcare software services.
Thoma Bravo agreed to pay $23.95 for each NextGen share in a transaction valued at approximately $1.8 billion. Upon completion of the transaction, NextGen will become a privately held company.
Thoma Bravo, with offices in Chicago and San Francisco, is a private equity investment firm focused on investing in software and technology businesses, including healthcare information technology companies.