Healthcare & Life Sciences Private Equity Deal Tracker: Francisco Partners to Acquire AdvancedMD for $1.1 Billion

Francisco Partners (FP) has announced it will AdvancedMD from Global Payments.

AdvancedMD, founded in 1999 and based in South Jordan, Utah, is a cloud-based provider of medical office software.

FP, founded in 1999 and based in San Francisco, is a private equity firm that specializes in investments in technology and technology-enabled businesses.

Global Payments (NYSE: GPN) is a provider of payment technology and software solutions.

FP is acquiring AdvanceMD for $1.13 billion, according to news reports.