FORT LAUDERDALE, FL – Thomas H. Lee Partners has agreed to merge with Intermedix Corp., which sells revenue cycle management software to the emergency health care industry, from Pathenon Capital Partners and minority shareholders.

The transaction, which has received early clearance under the Hart-Scott-Rodino Act, is expected to close next month. Financial terms of the transaction were not disclosed.

“Intermedix is a clear market leader in the rapidly growing emergency healthcare information technology and services sector,” said Todd Abbrecht, Managing Director at THL.

THL is one of the oldest and most successful private equity investment firms in the United States.  It raised about $22 billion in equity capital since founding in 1974. It invested in more than 100 businesses with an aggregate purchase price of more than $125 billion, completing over 200 add-on transaction

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Tags: Acquisitions, Florida, Intermedix Corp., IT, Thomas H. Lee