Thomas H Lee Partners (THL), a private equity firm investing in growth companies, is to acquire a majority interest in Intelligent Medical Objects (IMO), a healthcare data enablement company and market leader in clinical terminology solutions from Warburg Pincus, a global growth investor.
THL’s investment will support the Company’s product development and expanded commercial relationships with hospitals and other health care providers.
Founded in 1994, IMO manages more than five million clinical terms and maps to all major coding systems.
Evercore acted as the exclusive financial advisor and Kirkland & Ellis acted as legal advisor to IMO. William Blair acted as financial advisor, Ropes & Gray acted as legal advisor, Kirkland & Ellis acted as financing legal advisor and Deloitte acted as accounting and tax advisor to THL.
