Announced
Completed
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health care improvement company
Software
Public
Private Equity
Acquisition
Mbo
Completed
Friendly
Single Bidder
United States
Synopsis
Vizient acquired MedAssets’ SCM and Sg2 Businesses from Pamplona Capital. The combined organization represents the nation’s top hospitals and health systems, and they have delivered billions in savings to providers over the past two years alone. Financial terms were not disclosed. “We continue to evolve our business strategy to be indispensable partners to our members and customers, and to move nimbly to meet their emerging needs,” said Curt Nonomaque, Vizient president and chief executive officer. “Through the combined strengths of Vizient, MedAssets’ SCM business and Sg2, we will be even better positioned to help health care providers build innovative connections that address today’s challenges and anticipate tomorrow’s opportunities – ultimately empowering better business performance and improving health care.”
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