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MedicalDirector snapped up by private equity firm for $155 million

29 March 2016
By Kate McDonald

Australia's leading general practice software vendor MedicalDirector has been sold by owner Primary Health Care to a private equity firm for $155 million.

ASX-listed Primary Health Care announced last year that it was looking for a strategic partner or full buyer for MedicalDirector as part of a strategic review of its operations, with a number of interested parties conducting due diligence in November and December.

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