acquisition | thlee | tpg
By:
Nextech
July 19th, 2023
San Francisco and Fort Worth, Texas – July 19, 2023 – TPG, a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Nextech, a leading provider of clinical and administrative healthcare technology solutions for specialty physician practices, from Thomas H. Lee Partners (THL) for $1.4 billion. TPG is investing in Nextech through TPG Capital, its U.S. and European late-stage private equity platform.