Healthcare-Technology Company Sold for $34 Million

We represented Entrada Inc. in its sale to NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary of Quality Systems Inc. (NASDAQ: QSII) for $34 million. The Nashville-based company, Entrada, had revenue of approximately $12 million in the 2016 calendar year. The all-cash transaction closed April 2017.

Entrada is a leading provider of integrated mobile solutions that improve healthcare efficiencies and outcomes.

Quality Systems, Inc. and it’s wholly owned subsidiary, NextGen Healthcare Information Systems, LLC, develop and provide a range of software and services for medical and dental group practices.