Francisco Partners (FP) has announced it will AdvancedMD from Global Payments.
AdvancedMD, founded in 1999 and based in South Jordan, Utah, is a cloud-based provider of medical office software.
FP, founded in 1999 and based in San Francisco, is a private equity firm that specializes in investments in technology and technology-enabled businesses.
Global Payments (NYSE: GPN) is a provider of payment technology and software solutions.
FP is acquiring AdvanceMD for $1.13 billion, according to news reports.
