M&A Deal Summary

MedAssets Acquires The Broadlane Group

On November 16, 2010, MedAssets acquired information technology company The Broadlane Group from TowerBrook Capital Partners for 850M USD

Acquisition Highlights
  • This is MedAssets’ 3rd transaction in the Information Technology sector.
  • This is MedAssets’ largest (disclosed) transaction.
  • This is MedAssets’ 5th transaction in the United States.
  • This is MedAssets’ 3rd transaction in Texas.

M&A Deal Summary
Date 2010-11-16
Target The Broadlane Group
Sector Information Technology
Buyer(s) MedAssets
Sellers(s) TowerBrook Capital Partners
Deal Type Add-on Acquisition
Deal Value 850M USD

Target

The Broadlane Group

Dallas, Texas, United States
website
The Broadlane Group, Inc. is a provider of comprehensive supply chain management, technology and other value-added services to hospitals, physicians offices and surgery centers.

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Buyer(S) 1

Buyer

MedAssets

Alpharetta, Georgia, United States

website

Category Company
Founded 1999
Sector Business Services
Employees3,350
Revenue 720M USD (2014)
DESCRIPTION

MedAssets, Inc. is a provider of outsourced procurement and reimbursement cycle management services to hospitals and other healthcare providers through a combination of traditional GPO business and web-based technology.

DEAL STATS #
Overall 5 of 7
Sector (Information Technology) 3 of 4
Type (Add-on Acquisition) 4 of 6
State (Texas) 3 of 3
Country (United States) 5 of 7
Year (2010) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-16 Healthcare Performance Partners

Gallatin, Tennessee, United States

Healthcare Performance Partners LLC is a provider of IT solutions to healthcare industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 SG-2

Skokie, Illinois, United States

SG-2 LLC (Sg2) is a provider of healthcare business intelligence, market analytics and clinical consulting services.

Buy $142M

Seller(S) 1

SELLER

TowerBrook Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2001
PE ASSETS 17.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.

DEAL STATS #
Overall 12 of 45
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 5 of 21
State (Texas) 2 of 5
Country (United States) 8 of 24
Year (2010) 3 of 3
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-05 Odlo

Hunenberg, Switzerland

Odlo is a designer, manufacturer, and distributor of functional sports clothing. Odlo's functional sportswear product offering includes sports underwear, tec shirts, and third layer sportswear for running, Nordic walking, general outdoor activities, and cross country. Odlo's highly sophisticated layering system ensures optimal transport of moisture, climate regulation, and protection to ensure an optimal feel in sports. Odlo was founded in 1946 and is based in Hunenberg, Switzerland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-04 DISA

Houston, Texas, United States

DISA is specializes in providing a comprehensive suite of employee testing, screening, and compliance management solutions to a diverse set of end markets. DISA was founded in 1987 and is based in Houston, Texas.

Sell -
Mergr

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