Choate Hall Aids Investment Firms In HealthMEDX Buy

Law360, New York (December 14, 2011, 1:56 PM EST) -- Private equity firm Spectrum Equity Investors LP and venture capital firm Trident Capital Inc. have acquired a majority stake in Ozark, Mo.-based health care technology provider HealthMEDX Inc., the companies announced Wednesday.

Spectrum and Trident said they made an investment in HealthMEDX, which will be reconstituted under the name HealthMEDX LLC. Financial terms and the expected closing date were not disclosed.

Under the terms of the deal, former McKesson Corp. president Pamela Pure will be named HealthMEDX's chief executive officer and former Visicu Inc. chief financial...
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