MedAssets (MDAS) to Acquire SG-2 in $142M Deal

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Go back to MedAssets (MDAS) to Acquire SG-2 in $142M Deal

MedAssets Signs Definitive Agreement to Acquire Sg2

August 13, 2014 8:00 AM EDT

ATLANTA, Aug. 13, 2014 (GLOBE NEWSWIRE) -- MedAssets, Inc., (Nasdaq: MDAS) today announced it signed a definitive agreement to acquire privately held SG-2, LLC (Sg2) for approximately $142 million. Based in Skokie, Ill., Sg2 is a leading provider of healthcare market intelligence, strategic analytics and clinical consulting services that help more than 1,400 hospitals, health systems, as well as pharmaceutical and medical device companies understand current and future market dynamics in order to capitalize on growth and performance improvement opportunities.

"In today's rapidly evolving healthcare environment, industry leaders cannot rely alone on analysis of... More