Thomas H. Lee Partners to Acquire Intermedix | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Thomas H. Lee Partners to Acquire Intermedix

July 30, 2010
by root
| Reprints

Fort Lauderdale, Fla.-based Intermedix Corporation, a revenue cycle management and software solutions provider to the emergency healthcare industry, announced today that Thomas H. Lee Partners, L.P. (THL), based in Boston, Mass., has signed a definitive merger agreement to acquire the Company from Parthenon Capital Partners, a mid-market private equity firm based in Boston and San Francisco.

The transaction, which has received early clearance under the Hart-Scott-Rodino Act, is expected to close next month. Financial terms of the transaction were not disclosed.

Goldman, Sachs & Co. acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Intermedix. Citi and Wells Fargo Securities acted as financial advisors and Weil, Gotshal & Manges LLP acted as legal advisor to THL in connection with the transaction. Citi, Wells Fargo and TCW/Crescent Mezzanine Management V, LLC provided financing commitments to THL to support the transaction.

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!


See more on