Global private equity and venture capital news and research

Marlin Equity Partners acquires clinical software company 6N Systems

12 Aug 2013

software6_sqPrivate equity firm Marlin Equity Partners has bought financial and clinical software developer 6N Systems to merge it with its portfolio company SigmaCare.

6N’s software products include a comprehensive suite of financial billing, order and workflow management, point-of-care documentation and reporting tools that help providers improve patient outcomes.

The firm said the merger will create a leader in financial and clinical software solutions to the long-term and post-acute care (LTPAC) market.

Marlin bought Sigma in July in the first deal from its $1.6bn fourth fund, which was oversubscribed.

Healthcare operating partner at Marlin Jim Brady said, “The 6N acquisition is highly synergistic with SigmaCare’s existing product offering.

“A fully integrated, single-vendor offering combined with 6N’s geographic proximity will allow SigmaCare to build upon its market leadership while further strengthening its long-standing customer relationships.”

Marlin Equity Partners currently has more than $2.6bn under management.

This is the firm’s second deal this month following the acquisition of London–headquartered data management software company Asset Control.

Copyright © 2013 AltAssets

Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016