New York-based private equity firm Warburg Pincus LLC completed the acquisition of Qualifacts Systems Inc. from Great Hill Partners LP, a Boston-based private equity firm.
Financial terms of the deal were not disclosed, according to a release.
Nashville, Tenn.-based Qualifacts Systems offers software-as-a-service electronic health records for behavioral health and human services providers.
The investment is expected to help Qualifacts Systems build on its marketing and sales efforts, further its product development and pursue acquisition opportunities.
Goodwin Procter LLP offered legal counsel to Great Hill Partners and Qualifacts Systems in connection with the deal, while Orrick Herrington & Sutcliffe LLP acted as legal advisers to Warburg Pincus. Aeris Partners provided financial advisory services to Great Hill Partners and Qualifacts Systems. Meanwhile, TripleTree acted as financial adviser to Warburg Pincus.
