Wednesday, July 11, 2018

Marlin Equity's AdvancedMD Acquires NueMD

AdvancedMD, a portfolio company of Los Angeles-based private equity investor Marlin Equity, said this week that it has completed the acquisition of Marietta, Georgia-based Nuesoft Technologies. Neusoft Technologies (NueMD) develops practice management, clinical and medical billing application software, which it offers up to independent medical practices. Financial details of the buy were not announced. South Jordan, Utah-based AdvancedMD develops cloud-based software for physicians and medical billing services. Marlin Equity acquired AdvancedMD in September of 2015. AdvancedMD had previously been a division of payroll company ADP.

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