TPG has purchased a majority stake in Surescripts, according to a news release.
Surescripts, founded in 2001 and based in Arlington, Virginia, is a health information network largely known for its e-prescribing network.
TPG, founded in 1992 and based in San Francisco, targets investments in middle market companies. The firm invests in healthcare and a number of other industries.
TPG made the investment in Surescripts through TPG Capital, the firm’s U.S. and European private equity platform.
Terms of the acquisition were not disclosed.
