M&A Deal Summary

MedAssets Acquires Healthcare Performance Partners

On November 16, 2010, MedAssets acquired information technology company Healthcare Performance Partners from The Broadlane Group

Acquisition Highlights
  • This is MedAssets’ 3rd transaction in the Information Technology sector.
  • This is MedAssets’ 5th transaction in the United States.
  • This is MedAssets’ 1st transaction in Tennessee.

M&A Deal Summary

Date 2010-11-16
Target Healthcare Performance Partners
Sector Information Technology
Buyer(s) MedAssets
Sellers(s) The Broadlane Group
Deal Type Divestiture

Target

Healthcare Performance Partners

Gallatin, Tennessee, United States
Healthcare Performance Partners LLC is a provider of IT solutions to healthcare industry.

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Buyer(S) 1

Buyer

MedAssets

Alpharetta, Georgia, United States

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 M&A 3 of 4
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 5 of 7
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-16 The Broadlane Group

Dallas, Texas, United States

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.

Buy $850M
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

The Broadlane Group

Dallas, Texas, United States

Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-01 Symbio Solutions

Dallas, Texas, United States

Symbio Solutions, Inc. is a provider of Web-based workforce scheduling management solutions for the healthcare industry.

Buy -