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GI Partners and TA Associates to buy stake in Netsmart

GI Partners LLC and TA Associates have signed a definitive agreement with Allscripts to acquire its stake in Netsmart, PE Hub reported. Financial terms of the transaction were not announced. TA Associates is a private equity and venture capital firm and GI Partners is a private equity and real estate investment firm. Netsmart Technologies Inc. is a healthcare information technology company that provides software and technology solutions.


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