June 26, 2024 – Vizient, Inc., Kaufman, Corridor & Associates, LLC (“Kaufman Corridor”) and Madison Dearborn Companions (“MDP”) introduced that Vizient has exercised its choice to accumulate the remaining curiosity in Kaufman Corridor, a strategic advisor for the healthcare sector. Vizient turned a minority investor in 2021 and commenced a joint business relationship that constructed on the strengths of each firms.
This deliberate acquisition brings collectively two of the {industry}'s most trusted advisors to assist healthcare organizations ship high-quality affected person care to their communities. By means of their industry-leading information property and complementary medical, strategic and monetary experience, the mixed group will assist remedy healthcare organizations' most complicated challenges.
Vizient and Kaufman Corridor will proceed to function as separate and unbiased firms till the transaction closes, which is predicted to happen within the second half of the 12 months, pending regulatory assessment.
BMO Capital Markets acts as unique monetary advisor to Vizient. Jefferies LLC is serving as monetary advisor to Kaufman Corridor. Greenberg Traurig, LLP is appearing as authorized counsel to Vizient and Kirkland & Ellis LLP is appearing as authorized counsel to MDP on the transaction.
Be taught extra