Ziegler Advises KREG Information Systems in its Recent Acquisition by Kaufman Hall
January 11, 2017 --
Chicago, IL (PRWEB) January 11, 2017
Ziegler, a specialty investment bank, is pleased to announce it served as financial advisor to KREG Information Systems (KREG) in its recent sale to Kaufman, Hall & Associates (Kaufman Hall). KREG is a leading provider of contract modeling, budgeting, and decision support software for healthcare providers.
With the addition of KREG, Kaufman Hall extends its robust enterprise performance management and integrated decision support capabilities. Mark Turco, Senior Vice President in Ziegler's Corporate Finance Healthcare practice, commented, “Over its three-decade history, KREG has consistently provided best-of-breed solutions and services to its many hospital and healthcare provider clients. The Company's suite of sophisticated contract modeling and claim analysis solutions give hospitals the tools to negotiate better contracts and transition to value-based reimbursement models. We are thrilled to have represented KREG in this transaction."
Stephen Kreter, KREG's Executive Vice President and co-founder commented, “The Ziegler team's domain expertise and fundamental understanding of KREG's value proposition led to a great outcome for the Company's shareholders and employees. We are very proud to be joining Kaufman Hall and we thank Ziegler for providing valuable strategic and financial advice throughout the process."
The addition of KREG was Kaufman Hall's second strategic software acquisition in the last year (Kaufman Hall acquired Total Benchmark Solution in February) and Ziegler represented the seller on both transactions. Tom Walsh, CEO of Kaufman Hall Software, commented, “We are excited to welcome KREG into the Kaufman Hall family and once again thank Ziegler for its role in successfully consummating this transaction."
Ziegler's Corporate Finance practice is focused on delivering best-in-class advisory and financing solutions for companies and organizations across the healthcare industry. In our core practice areas of healthcare services, information technology, hospitals and senior living, Ziegler is one of the most active M&A firms offering innovative sell-side, buy-side, recapitalization/restructuring, equity private placement and strategic partnering services.
For more information about Ziegler, please visit us at http://www.Ziegler.com.
The Ziegler Companies, Inc., together with its affiliates (Ziegler), is a privately held, specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion, and education, as well as general municipal and structured finance. Headquartered in Chicago, IL with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, corporate finance, FHA/HUD, strategic advisory services and research. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels.
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.
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