Private equity firm Warburg Pincus is weighing options, including a sale, for Modernizing Medicine (ModMed) that could value the medical software provider at more than $5 billion, including debt, according to people familiar with the matter. Boca Raton, Florida-based ModMed is working with a financial adviser to solicit interest in the coming weeks from potential buyers, which include other private equity firms, the sources said, requesting anonymity as the discussions are confidential. Warburg Pincus, which first invested in ModMed in 2017, previously explored options for the company in 2022, before the talks fizzled out.
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Source: https://www.reuters.com/markets/deals/warburg-pincus-explores-5-billion-plus-sale-modernizing-medicine-sources-say-2025-01-08/