(Reuters) – Private equity firm TPG Inc said on Wednesday it has agreed to buy healthcare IT platform Nextech for $1.4 billion.
Nextech provides specialty physician offices with electronic medical records and software to manage administrative and financial tasks.
TPG said it will invest in the platform through its private-equity arm, TPG Capital.
The deal is subject to regulatory review and is expected to close in the third quarter of this year, TPG said.
(Reporting by Bhanvi Satija in Bengaluru; Editing by Devika Syamnath)
