Technology-focused private equity firm Francisco Partners has signed a definitive agreement to acquire HealthcareSource, a provider of healthcare talent management solutions.
The transition is expected to close within the next month, subject to approval of customary conditions.
"We chose Francisco Partners because of the firm's deep expertise in healthcare IT and the significant resources that will fuel HealthcareSource's future growth," said Peter Segall, president and CEO of HealthcareSource. He will retain this position following the acquisition.
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