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Susquehanna Growth Equity Acquires MediMedia Information Technologies, LLC
Date:4/18/2011

s investment in MMIT will accelerate our development efforts, allowing us to quickly meet customer needs in today's fast-paced business environment," said Martin Caron of MMIT. "We are all looking forward to the considerable insight and experience that Ron and Tom bring to the company and are excited to work with SGE to continue delivering innovative solutions to our customer segments."

About MMIT

MMIT provides plan-specific and managed care formulary information to pharmaceutical, health insurance, and electronic prescribing companies. The company's solutions are all built around a central formulary database integrating data from managed care organizations, pharmacy benefit managers, health maintenance organizations, preferred provider organizations, state Medicaid plans, over 1000 Medicare Part D plans, and self-insured employer plans.

The company was founded in 1994 and is based in Yardley, Pennsylvania. For additional information please visit www.mminfotech.com.

About Susquehanna Growth Equity, LLC

Susquehanna Growth Equity, LLC (SGE) is a private equity group investing in growth capital and buyout opportunities in information services, software, and financial technology. SGE's team of dedicated investment professionals brings a unique set of experience combining venture investing with operational expertise. For additional information please visit www.sgep.com.

SGE is an affiliate of Susquehanna International Group, LLP (SIG), a world-leading, technology empowered financial trading firm specializing in making markets and providing liquidity. SIG includes affiliated entities specializing in institutional brokerage, research, private equity, and venture ca
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SOURCE Susquehanna Growth Equity, LLC
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