Transactions

July 2014

MD Buyline Acquired By TractManager

Company Description

MD Buyline is the market-leading provider of sophisticated healthcare analytics and information services that deliver valuable, highly actionable supply chain intelligence capabilities to healthcare providers and vendors. The Company’s unique platform consists of sophisticated data analytics capabilities, proprietary software / IP, and a team of distinguished clinical experts. Additionally, MD Buyline offers the broadest and most extensive data asset and coverage in the industry, spanning all non-labor spend categories, including capital, consumables, and purchased services, all continuously updated by its clients. The solution results in a quantifiable and immediate ROI delivered to over 2,800 provider facilities, representing more than $1 billion of identified savings annually.

Objectives

MD Buyline and its private equity investor, SFW Capital Partners, engaged TripleTree as its exclusive financial advisor to explore a strategic sale or majority recapitalization of the Company. MD Buyline sought a buyer who would value their unique platform, data assets, and client base as well as their recent strategic initiatives that included enhancing and extending its product lines, investing in the company’s sales, marketing and account management functions, and strengthening the company’s business infrastructure.

Results

In a highly competitive process, TractManager, a portfolio company of Arsenal Capital Partners, distinguished itself as the best strategic partner for MD Buyline based on its complementary healthcare contract management platform and strong provider client base. The combined company is the market-leading provider of Supply and Contract Management for hospitals/providers and vendors.

LEAD INVESTMENT BANKERS

banker-photo

Brian Klemenhagen

banker-photo

Michael Hughey

Company Description

MD Buyline is the market-leading provider of sophisticated healthcare analytics and information services that deliver valuable, highly actionable supply chain intelligence capabilities to healthcare providers and vendors. The Company’s unique platform consists of sophisticated data analytics capabilities, proprietary software / IP, and a team of distinguished clinical experts. Additionally, MD Buyline offers the broadest and most extensive data asset and coverage in the industry, spanning all non-labor spend categories, including capital, consumables, and purchased services, all continuously updated by its clients. The solution results in a quantifiable and immediate ROI delivered to over 2,800 provider facilities, representing more than $1 billion of identified savings annually.

Objectives

MD Buyline and its private equity investor, SFW Capital Partners, engaged TripleTree as its exclusive financial advisor to explore a strategic sale or majority recapitalization of the Company. MD Buyline sought a buyer who would value their unique platform, data assets, and client base as well as their recent strategic initiatives that included enhancing and extending its product lines, investing in the company’s sales, marketing and account management functions, and strengthening the company’s business infrastructure.

Results

In a highly competitive process, TractManager, a portfolio company of Arsenal Capital Partners, distinguished itself as the best strategic partner for MD Buyline based on its complementary healthcare contract management platform and strong provider client base. The combined company is the market-leading provider of Supply and Contract Management for hospitals/providers and vendors.

LEAD INVESTMENT BANKERS

banker-photo

Brian Klemenhagen

banker-photo

Michael Hughey