Thoma Bravo Nears Deal for NextGen Healthcare

09/05/2023 14:45
Thoma Bravo Nears Deal for NextGen Healthcare

Thoma Bravo is in advanced talks to buy health records software company NextGen Healthcare Inc., according to people familiar with the matter.

  • A deal could be announced as soon as this week for NextGen
  • NextGen had attracted interest from other private equity firms

Orlando Bravo, co-founder of Thoma Bravo

Photographer: Eva Marie Uzcategui/Bloomberg

Updated on

Thoma Bravo is in advanced talks to buy health records software company NextGen Healthcare Inc., according to people familiar with the matter.

The private equity firm could announce a deal as soon as this week for NextGen, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and discussions could still fall through, the people added. NextGen had drawn interest from several other buyout firms before talks accelerated with Thoma Bravo, according to the people.

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