Shearman & Sterling represented API Healthcare Corporation, a portfolio company of Francisco Partners, in its acquisition of Concerro, Inc. Financial terms of the transaction were not disclosed.

API, based in Hartford, Wisconsin, is the largest healthcare-specific vendor focused on workforce management solutions for the industry. Concerro, based in San Diego, California, is a provider of software-as-a-service (SaaS) staffing and scheduling systems for healthcare. Francisco Partners is a leading private equity firm focused exclusively on investments in technology and technology-enabled services businesses.

The Shearman & Sterling team included partners Michael Kennedy (San Francisco-Mergers & Acquisitions), Michael Dorf (San Francisco-Mergers & Acquisitions) and Dana Kromm (San Francisco-Mergers & Acquisitions) and associates Flavio Averbug (San Francisco-Mergers & Acquisitions) and Joshua Reynolds (San Francisco-Mergers & Acquisitions). Other lawyers involved in the transaction included partners Samuel Waxman (New York-Intellectual Property Transactions) and Larry Crouch (Palo Alto-Tax) and associates Jordan Altman (New York-Intellectual Property Transactions), Jung Yoo (New York-Intellectual Property Transactions), Anil Kalia (Palo Alto-Tax), Daniel Stellenberg (Palo Alto-Executive Compensation & Employee Benefits) and Frances Ma (New York-Executive Compensation & Employee Benefits).

www.shearman.com