Francisco Partners, a global technology-focused private equity firm, completed the acquisition of HealthcareSource, a Woburn, MA-based provider of talent management solutions for healthcare.
The financial terms of the transaction were not disclosed.
President and CEO Peter Segall and the existing executive team will continue to lead the company following the close of the deal.
HealthcareSource provides a suite of talent management solutions for the healthcare industry, including applicant tracking, behavioral assessments, employee performance, compensation, learning management, and eLearning courseware. It has more than 2,500 healthcare clients.
The company was previously owned by Insight Venture Partners, with a minority stake by Bulger Capital Partners.
FinSMEs
28/05/2015