WebPT Announces Significant Investment From Warburg Pincus

WebPT announced that Warburg Pincus, a leading global private equity firm focused on growth investing, has signed a definitive agreement to acquire a majority interest in the company from the previous investor, Battery Ventures. The investment, coupled with the deep expertise in health care and technology of Warburg Pincus, will help WebPT innovate upon its product suite and accelerate its mission of helping therapists achieve greatness in practice.

Since its launch in 2008, WebPT has maintained a track record of steady growth. It is one of the leading electronic medical record (EMR) and practice management software for outpatient physical therapists . . .