Sage is located in the UK and has grown with the purchase of many acquisitions over the years to include the healthcare division with a north American operation providing a Certified medical records system that qualifies doctors for stimulus incentives.
Vista Equity Partners has 3 locations in the US and already has a few managed healthcare companies in their portfolio. Sage has been around selling medical records in the US for quite a while. BD
The sale of Sage Software Healthcare, which offers practice management and electronic health-record offerings, is expected to be completed in November, the U.K. company said in a statement. Sage will make a loss of up to 70 million pounds ($108.4 million) through the sale and redistribute cash proceeds of $320 million to shareholders by buying back shares.