Kirkland Advises FFL Partners on Strategic Investment in Medicus IT
Kirkland & Ellis advised private equity firm FFL Partners on a strategic investment in healthcare-focused IT managed services provider, Medicus IT. Headquartered in Alpharetta, GA, Medicus provides HIPAA-compliant, best-in-class managed IT and cybersecurity services to more than 6,500 healthcare providers with more than 50,000 end users. The transaction was announced July 10, 2024. Financial terms were not disclosed. FFL focuses on growth investments in healthcare and tech-enabled services businesses.
The Kirkland team was led by corporate partners Rodin Hai-Jew and Eva Mak and associates Joe Caputo, Mohammed Banjari and Alanna Potter; debt finance partners Katie Taylor and David Nemecek and associates Elena Babakhanyan and Alex Bledsoe; investment funds partners Erica Berthou, Richard Robinson and Matthew Pinegar and associate Indira Selimovic; and tax partners David Kung, Heidi Yuen and Zak Morozov.