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Thoma Bravo continues on its software company buying spree, this time picking up an electronic health records software company NextGen Healthcare. I’ve implemented NextGen at a multi-clinic healthcare company in the past and this decision to acquire NextGen is surprising.
On the insider buying side, the Chief Business Officer of ADT purchased a small number of shares. The stock has been building a long base and while net income is volatile from quarter to quarter, the company has been reporting growing free cash flows.
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