June 26, 2024- Vizient, Inc., Kaufman, Hall & Associates, LLC (“Kaufman Hall”) and Madison Dearborn Partners (“MDP”) announced that Vizient has exercised its option to acquire the remaining interest in Kaufman Hall, a strategic advisor to the healthcare industry. Vizient became a minority investor in 2021 and began a joint commercial relationship that built on the strengths of both companies.
This planned acquisition brings together two of the industry’s most trusted advisors to help healthcare organizations deliver high-quality patient care to their communities. Through their industry-leading data assets and complementary clinical, strategic and financial expertise, the combined organization will be able to help solve healthcare organizations’ most complex challenges.
Vizient and Kaufman Hall will continue to operate as separate and independent companies until the transaction is closed, which is anticipated to occur in the second half of the year, pending standard regulatory review.
BMO Capital Markets is acting as the exclusive financial advisor to Vizient. Jefferies LLC is acting as financial advisor to Kaufman Hall. Greenberg Traurig, LLP is acting as Vizient’s legal advisor, and Kirkland & Ellis LLP is acting as MDP’s legal advisor for the transaction.