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Thoma Bravo Completes Sale of Mediware Information SystemsSAN FRANCISCO, Feb. 9, 2017 /PRNewswire/ -- Thoma Bravo LLC, a leading private equity investment firm, today announced that it has completed its sale of Mediware Information Systems, a leader in software for healthcare services providers, to TPG Capital. "When we took Mediware private in 2012, we backed a tremendous franchise and management team with a unique vision to expand beyond its clinical marketplaces into post-acute categories. Four years later the company has more than doubled its revenues and, through a series of strategic investments, built out one of the largest alternative care franchises in the world," said Seth Boro, a managing partner at Thoma Bravo. "We feel confident that Mediware will continue to thrive under its new partnership with TPG." Mediware is a leading supplier of software as a service ("SaaS") and other software platforms for healthcare and human services providers and payors across acute, non-acute and community-based sites of care. Primary product categories include non-acute care, human and social services, blood management as well as medication management. Mediware prides itself on delivering high-quality solutions to meet the demands of complex workflows in demanding regulatory environments. "Thoma Bravo's support has been central to our success over the past four years. Their operational and strategic expertise has bolstered our growth. Working together, we've been able to significantly enhance Mediware's place as a global leader in software for healthcare and human services providers," said Thomas Mann, President and CEO of Mediware. "We're looking forward to maintaining this positive growth trajectory as new partners with TPG." About Thoma Bravo About Mediware
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/thoma-bravo-completes-sale-of-mediware-information-systems-300405257.html SOURCE Thoma Bravo LLC |