Home > M&A deals 2017 > Warburg Pincus LLC acquires Modernizing Medicine, Inc. (ModMed)
Secondary Buyout · Information Technology · May 2017

Warburg Pincus LLC acquires Modernizing Medicine, Inc. (ModMed)

On May 10, 2017, Warburg Pincus LLC acquired Modernizing Medicine, Inc. (ModMed), an information technology company in Florida, United States, from Summit Partners.

Deal at a glance

AnnouncedMay 10, 2017 TypeSecondary Buyout TargetModernizing Medicine, Inc. (ModMed) Buyer Warburg Pincus LLC Seller Summit Partners SectorInformation Technology LocationFlorida, United States ValueMembers only

Target company

Modernizing Medicine, Inc. (ModMed)
Florida, United States
Modernizing Medicine, Inc., commonly known as ModMed, is a United States–based healthcare software company that develops electronic health record (EHR), practice management, and revenue cycle management solutions for medical practices. The company provides ...
Information Technologysector
2010founded
Activestatus
View the company profile →

Buyer

Warburg Pincus LLC
Private equity firm · 446 deals on record
  • 20th transaction in information technology
  • 184th transaction in United States
446deals, all time
28in this sector
2026latest

Seller

Summit Partners
Private equity firm · 328 deals on record
328investments
21in this sector
249exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Modernizing Medicine, Inc. (ModMed)?Warburg Pincus LLC acquired Modernizing Medicine, Inc. (ModMed) on May 10, 2017.

Who sold Modernizing Medicine, Inc. (ModMed)?Summit Partners was the seller.

What type of deal was it?It was a secondary buyout in the information technology sector in 2017.

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Source: company press release, May 10, 2017 · Data updated daily on AcquityData (Acquity Data).