Completion of sale of Sage Healthcare

RNS Number : 9409R

Sage Group PLC

11 November 2011

 



11 November 2011   

                                                 

Sage announces completion of the sale of Sage Healthcare to Vista Equity Partners

The Sage Group plc ("Sage") today announces that it has completed the sale of Sage Software Healthcare LLC ("Sage Healthcare"), its subsidiary offering practice management and electronic health record solutions to US physician practices, to Vista Equity Partners.

This follows the announcement of the agreement of terms with Vista Equity Partners on 22 September 2011.

Enquiries

The Sage Group plc [phone]

Guy Berruyer, Chief Executive

Paul Harrison, Group Finance Director

Andrew Griffith, Investor Relations

Tulchan Communications [phone]

David Shriver

Lucy Legh

About the Sage Group plc

The Sage Group plc is a leading global supplier of business management software and related products and services, principally for small to medium-sized enterprises. Formed in 1981, Sage was floated on the London Stock Exchange in 1989. Sage has more than 6 million customers and more than 13,400 employees worldwide. We operate in over 24 countries covering the UK, Europe, North America, South Africa, Australia, India and China. For further information please visit www.sage.com

 

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