MedAssets acquires healthcare market analytics firm Sg2

Alpharetta-based MedAssets Inc. said it is acquiring Skokie, Ill-based Sg2 LLC, a provider of healthcare market analysis and forecasting services, for $142 million.

MedAssets said the acquisition will complement its analytic services, which help clients with strategic planning. The company’s software products help clients manage revenue, spending and clinical resources.

Sg2 has more than 1,400 clients, and more than 4,400 hospitals and 122,000 non-acute healthcare providers use MedAssets’ software.

The deal is expected to close within 60 to 90 days.

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