Local News

Parent Firm of Misys Healthcare Is Subject of Buyout Talks

Posted June 13, 2006

— The parent company of Raleigh-based

Misys Healthcare

is the subject of buyout talks.

Misys plc, which is based in the United Kingdom, is exploring the possibility of a buyout led by senior management, the company said in a statement.

On Monday, The Financial Times reported that a private equity group from General Atlantic Partners and Permira has also approached Misys about a buyout. Also interested is Texas Pacific Group, the newspaper added.

"The Board of Misys confirms that it has received a request from certain members of the senior management team to explore the possibility of making an offer for Misys," the company said in a statement on Friday. "An Independent Committee of the Board has been established to consider this request. No offer has been received and one may or may not be forthcoming. No price has been discussed."


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