Francisco Partners has completed its $126 million take-private acquisition of QuadraMed Corp., a Reston, Va.-based provider of healthcare IT services. The deal was first announced last December. Wells Fargo Foothill and Silicon Valley Bank committed debt financing.
PRESS RELEASE
QuadraMed® Corporation, a leading provider of healthcare information technologies and services that help turn quality care into positive financial outcomes, today announced the completion of its acquisition by Francisco Partners, one of the world’s largest technology-focused private equity firms.
