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  6. SpendMend Acquires Mazree

M&A Deal Summary

SpendMend Acquires Mazree

On June 3, 2025, SpendMend acquired software company Mazree

Acquisition Highlights
  • This is SpendMend’s 1st transaction in the Software sector.
  • This is SpendMend’s 4th transaction in the United States.
  • This is SpendMend’s 1st transaction in Michigan.

M&A Deal Summary
Date 2025-06-03
Target Mazree
Sector Software
Buyer(s) SpendMend
Deal Type Add-on Acquisition

Target

Mazree

Grand Rapids, Michigan, United States
Mazree is a software platform that empowers healthcare organizations to maximize the value of their surplus medical equipment through redeployment, auctions, and employee sales. With a focus on automation, transparency, and cost recovery, Mazree simplifies the management of used medical assets, enabling hospitals to improve financial performance and sustainability. Mazree was founded in 1993 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

SpendMend

Grand Rapids, Michigan, United States
Category Company
Founded 1993
Sector Business Services
DESCRIPTION

SpendMend helps healthcare organizations nationwide discover the full impact of financial leakage upon their organization. As the healthcare expert in audit recovery and spend visibility, SpendMend has perfected the process of holistically analyzing complex spend data to help an organization shed light upon ubiquitous financial leakage. SpendMend helps recover financial leakage and partners with clients to optimize cost cycle management and improve spend visibility. SpendMend was founded in 1993 and is based in Grand Rapids, Michigan.

DEAL STATS #
Overall 4 of 4
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: Michigan M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-25 TurnKey Pharmacy Solutions

United States

TurnKey Pharmacy Solutions is a provider of 340B audit and compliance services and has performed over 1,000 340B audits at hospitals and clinics across the country.

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