MedAssets (Alpharetta, GA) entered into a definitive agreement with Pamplona Capital Management (New York, NY), a private equity firm, through which Pamplona will acquire MedAssets for a total enterprise value of about $2.7 billion. VHA-UHC Alliance NewCo Inc (Irving, TX) subsequently signed an agreement with Pamplona to acquire MedAssets’ Spend and Clinical Resource Management (SCM) segment, which includes group purchasing, supply chain analytics, consulting, and advisory services.
The SCM segment also includes Sg2, a provider of healthcare market intelligence, strategic analytics, and clinical consulting services. The company will announce changed to its name in the coming weeks. Pamplona will retain MedAssets’ Revenue Cycle Management segment. The transaction is expected to close in Q1 2016 pending antitrust review.