Central Logic, a software company that improves the management of patient transfers, is nearing a sale to an unknown private equity firm, according to three sources familiar with the sale process. The majority recapitalization is expected to value the Sandy, Utah-based company north of $100 million, two sources said. One said the company hoped to fetch between $110 million to $125 million. A third source placed annual recurring revenue at approximately $20 million.
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Source: https://www.pehub.com/private-equity-group-nears-100m-plus-deal-for-central-logic