QuadraMed Being Acquired by Francisco Partners | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

QuadraMed Being Acquired by Francisco Partners

December 8, 2009
by root
| Reprints

Reston, Va.-based QuadraMed Corporation is being acquired by Francisco Partners (San Francisco), a technology-focused private equity firm, in an all-cash deal valued at $126 million.

Under the terms of the agreement, Francisco Partners will acquire all of the outstanding shares of QuadraMed’s common stock for $8.50 per share in cash, and all outstanding shares of its Series A Cumulative Mandatory Convertible Preferred Stock for $13.7097 per share in cash.

QuadraMed expects shareholder approval in the first quarter of 2010.

The Health IT Summits gather 250+ healthcare leaders in cities across the U.S. to present important new insights, collaborate on ideas, and to have a little fun - Find a Summit Near You!


/news-item/quadramed-being-acquired-francisco-partners

See more on

betebettipobetngsbahis