DocuTAP Sells Majority Stake to Warburg Pincus

Boston – May17, 2016 – Cooley advised DocuTAP on the sale of a majority stake to private equity firm Warburg Pincus.

DocuTAP, which had raised more than $30 million in private equity between 2012 and 2015, is a digital health company that provides software for electronic medical records, practice management software and revenue cycle management for more than 1,300 urgent care and primary care clinics. Warburg Pincus is a global private equity firm focused on growth investing.

"We're grateful for the many people and partners that have helped make DocuTAP what it is today," said DocuTAP CEO, Eric McDonald. "Warburg Pincus is the ideal partner to position us for a future of growth as we expand our product line. I'm excited that they share our vision for the future of DocuTAP in leading the on-demand healthcare market."

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