Arcadia Healthcare buys Sage Technologies

Arcadia Healthcare Solutions said Wednesday it has acquired Sage Technologies. Financial terms weren’t announced. Existing Arcadia investors are helping fund the deal along with new investors led by Peloton Equity. Morgan Stanley Alternative Investment Partners, Zaffre Investments and Escalate Capital Partners also participated. Rockford, Illinois-based Sage is an Electronic Health Record (EHR) data aggregation and analytics technology company.

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