In reviewHealthcare4 May 2025

MADISON DEARBORN PARTNERS / THOMA BRAVO to acquire NEXTGEN HEALTHCARE

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

MADISON DEARBORN PARTNERS /  THOMA BRAVO acquires NEXTGEN HEALTHCARE

Deal facts

Buyer
MADISON DEARBORN PARTNERS / THOMA BRAVO
Target
NEXTGEN HEALTHCARE
Deal value
Not disclosed
Announced
4 May 2025
Status
In review
Sector
Healthcare
Country
Not stated
Consideration
Not stated

Sources

What we know

MADISON DEARBORN PARTNERS and THOMA BRAVO have agreed to acquire NEXTGEN HEALTHCARE in a private equity acquisition. The transaction was announced on 4 May 2025. The target operates within the information technology sector, specifically under the NaceV2Sector_K_62.1 classification. No specific deal value or currency was disclosed in the available records. The consideration structure remains unreported, and the target country is not specified in the current data set.

The deal involves two major private equity firms combining their resources to purchase the healthcare technology business. As the transaction is currently in regulatory review, the completion date has not yet been confirmed. The parties are proceeding with the necessary steps to finalise the acquisition of the company. The transaction is subject to regulatory approval.

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Deal timeline

1 update
  1. CMA invitation to comment

    MADISON DEARBORN PARTNERS / THOMA BRAVO to acquire NEXTGEN HEALTHCARE

    MADISON DEARBORN PARTNERS / THOMA BRAVO to acquire NEXTGEN HEALTHCARE

    EU DG COMP

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Buyer history

MADISON DEARBORN PARTNERS / THOMA BRAVO

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Methodology

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