Friday, August 7, 2015
AdvancedMD Acquired By Marlin Equity Partners
South Jordan, Utah-based AdvancedMD, which develops cloud software for medical private practices, has been acquired by private equity investor Marlin Equity Partners. Financial terms of the acquisition were not disclosed. AdvancedMD was owned by ADP, which had acquired AdvancedMD back in March of 2011. The sale is the second private equity owner of AdvancedMD, which had been owned by Francisco Partners prior to its acquisition by ADP.