04 September 2018

Miller Johnson Represents SpendMend in Acquisition of Contract Management Strategies

The Transaction
Miller Johnson represented SpendMend LLC (SpendMend), a portfolio company of Chicago-based Sheridan Partners, in acquiring the business of Contract Management Strategies, Inc. (CMS). SpendMend, headquartered in Grand Rapids, Michigan, provides audit recovery, cost containment, and spend visibility services to leading healthcare providers. CMS, located in Irvine, California, provides audit recovery and professional services.

Dan Geelhoed, CEO of SpendMend, said “together we are able to bring SpendMend’s spend visibility, technology and analytics to the CMS client base, open up CMS’ broad array of services to our valued clients here at SpendMend, and add a very talented group of professionals to our growing team.”

Anne Marie Carson and Dustin Daniels led Miller Johnson’s transaction team of Neil Williams (Tax), Jim Ens (Real Estate), Nate Plantinga (Employment), Jeff Gray (Employee Benefits), and Jason Crow (Cybersecurity and Privacy).

SpendMend LLC
( SpendMend is an expert in the field of spend visibility and audit recovery, and has analyzed billions of dollars in healthcare operating expenditures. They developed high-tech analysis, data mining, benchmarking, and contract compliance tools to provide clients with a deeper view into spending data allowing for increased saving opportunities.

Contract Management Strategies, Inc.
( CMS is an industry leader in recovering assessment overpayments and preventing losses in the future. They specialize in accounts payable audit recovery, sales and use tax consulting and audit recovery, pharmacy audit recovery and price reduction, and medical device audit recovery and tracking.

Miller Johnson’s Mergers and Acquisitions Group
Miller Johnson’s M&A practice group collaborates with clients and their advisors to structure, negotiate and close deals and to navigate the various challenges that can arise in the context of mergers, acquisitions, dispositions and other business combination or investment transactions.

Miller Johnson is top listed for mergers and acquisitions with U.S. News & World Report’s Best Law Firms and is ranked by Chambers USA. At The M&A Advisor’s national awards and the ACG M&A Deals and Dealmakers regional awards, our attorneys are consistently involved in deals honored as winners and finalists. For further information, please contact Anne Marie Carson at (616) 831-1787 or Dustin Daniels at (616) 831-1737.