Quality Systems exploring sale with UBS, sources say

14 October 2017 - 06:36 pm UTC

Quality Systems (NASDAQ:QSII), the Irvine, California-based healthcare information technology firm, has hired UBS to explore a sale, two sources familiar with the situation said. The company engaged UBS earlier this year to look for possible buyers for the company, these sources said. It recently conducted initial management presentations for several strategics and financial sponsors. Spokespeople for Quality could not be reached for comment and UBS declined to comment.