M&A Deal Summary

MedAssets Acquires The Broadlane Group

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

Acquisition Highlights
  • This is MedAssets’ 3rd transaction in the Information Technology sector.
  • This is MedAssets’ 1st 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, Inc.
Sector Information Technology
Buyer(s) MedAssets, Inc.
Sellers(s) TowerBrook Capital Partners
Deal Type Add-on Acquisition
Deal Value 850M USD

Target

The Broadlane Group, Inc.

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, Inc.

Alpharetta, Georgia, United States

website


Category Company
Founded 1999
SectorBusiness 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 LLC

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 LLC (Sg2)

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
SizeMega
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 41
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 5 of 21
State (Texas) 2 of 3
Country (United States) 8 of 21
Year (2010) 3 of 3
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-05 ODLO Sports Group AB

Hunenberg, Switzerland

ODLO Sports Group AB is a designer, manufacturer, and distributor of functional sports clothing in Europe. 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 has sales subsidiaries in Switzerland, Germany, France, Benelux, and Austria.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-04 DISA Global Solutions, Inc.

Houston, Texas, United States

DISA Global Solutions, Inc. is a provider of safety services and international employee screening services, including drug and alcohol testing and background screening.

Sell -