
Financial Technology & Services
Vertical Software with Embedded Finance
From healthcare and government to professional services, many industries maintain separate platforms for business operations, payments and other financial products. We partner with companies that embed finance capabilities into existing core process and operations platforms—streamlining the user experience for diverse businesses and their end customers and creating a more efficient ecosystem.

Payments Software

What differentiates THL's viewpoint?

How are payments and embedded software evolving over time and what's next?

Software companies and payments companies each have great business models and financial characteristics–putting them together creates an even more powerful business.
Ganesh Rao Managing Director, Head of Financial Technology & Services

Building a Market Leader in Healthcare IT and Payments: THL in Action
In an increasingly complex healthcare environment, specialty medical practices need tools that simplify operations, improve patient care, and enable growth. That’s where Nextech—a leading healthcare technology platform—comes in. With end-to-end software tailored for ophthalmology, dermatology, and plastic surgery practices, Nextech helps clinicians manage everything from medical records and scheduling, to billing and payments. When THL invested

AbacusNext Announces Acquisition by Thomas H. Lee Partners
Partnership Advances the Successful Evolution of AbacusNext’s Innovative and Secure Technology Offerings SAN DIEGO, CA and BOSTON, MA – March 10, 2021 – AbacusNext, a leading vertical SaaS provider for legal, accounting and compliance-focused professionals, and Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, today announced that funds affiliated

Thomas H. Lee Partners Acquires Nextech Systems
TAMPA, Fla. & BOSTON–(BUSINESS WIRE)–Nextech Systems (the “Company” or “Nextech”), a leading provider of healthcare technology solutions for specialty physician practices, today announced that funds affiliated with Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle-market growth companies, have acquired Nextech from Francisco Partners and its other stockholders. Terms and

Simplifying the delivery of specialty patient care and enabling better patient experiences
We see exciting opportunities to partner with leading software companies with the ability to further delight their customers by offering embedded financial products, including payments.
Mark Bean Managing Director

Building a Market Leader in Healthcare IT and Payments: THL in Action
In an increasingly complex healthcare environment, specialty medical practices need tools that simplify operations, improve patient care, and enable growth. That’s where Nextech—a leading healthcare technology platform—comes in. With end-to-end software tailored for ophthalmology, dermatology, and plastic surgery practices, Nextech helps clinicians manage everything from medical records and scheduling, to billing and payments. When THL invested

AbacusNext Announces Acquisition by Thomas H. Lee Partners
Partnership Advances the Successful Evolution of AbacusNext’s Innovative and Secure Technology Offerings SAN DIEGO, CA and BOSTON, MA – March 10, 2021 – AbacusNext, a leading vertical SaaS provider for legal, accounting and compliance-focused professionals, and Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, today announced that funds affiliated

Thomas H. Lee Partners Acquires Nextech Systems
TAMPA, Fla. & BOSTON–(BUSINESS WIRE)–Nextech Systems (the “Company” or “Nextech”), a leading provider of healthcare technology solutions for specialty physician practices, today announced that funds affiliated with Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle-market growth companies, have acquired Nextech from Francisco Partners and its other stockholders. Terms and

MoneyGram Agrees to Merge with Ant Financial
MoneyGram will continue to be headquartered in the United States and operate under its existing brand DALLAS, Texas and HANGZHOU, China MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today

AbacusNext Announces Acquisition by Thomas H. Lee Partners
Partnership Advances the Successful Evolution of AbacusNext’s Innovative and Secure Technology Offerings SAN DIEGO, CA and BOSTON, MA – March 10, 2021 – AbacusNext, a leading vertical SaaS provider for legal, accounting and compliance-focused professionals, and Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, today announced that funds affiliated

Thomas H. Lee Partners Acquires Nextech Systems
TAMPA, Fla. & BOSTON–(BUSINESS WIRE)–Nextech Systems (the “Company” or “Nextech”), a leading provider of healthcare technology solutions for specialty physician practices, today announced that funds affiliated with Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle-market growth companies, have acquired Nextech from Francisco Partners and its other stockholders. Terms and

MoneyGram Agrees to Merge with Ant Financial
MoneyGram will continue to be headquartered in the United States and operate under its existing brand DALLAS, Texas and HANGZHOU, China MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today