-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JMsn4kafp8T+xlkptjZa9XdQWyZICwtW4XoF4Si6kINdgNDtRG25MGr+uMcDEAN2 RcausXlRvwaF+TTjyrwPsQ== 0000950149-08-000014.txt : 20080214 0000950149-08-000014.hdr.sgml : 20080214 20080214141734 ACCESSION NUMBER: 0000950149-08-000014 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 GROUP MEMBERS: BRUCE F WESSON GROUP MEMBERS: CLAUDIUS IV LLC GROUP MEMBERS: CLAUDIUS LLC GROUP MEMBERS: DAVID JAHNS GROUP MEMBERS: GALEN EMPLOYEE FUND III LP GROUP MEMBERS: GALEN EMPLOYEE FUND IV LP GROUP MEMBERS: GALEN INVESTMENT ADVISORY GROUP LLC GROUP MEMBERS: GALEN MANAGEMENT LLC GROUP MEMBERS: GALEN PARTNERS III LP GROUP MEMBERS: GALEN PARTNERS INTERNATIONAL III LP GROUP MEMBERS: GALEN PARTNERS INTERNATIONAL IV LP GROUP MEMBERS: L JOHN WILKERSON GROUP MEMBERS: WESSON ENTERPRISES INC GROUP MEMBERS: ZUBEEN SHROFF SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MEDASSETS INC CENTRAL INDEX KEY: 0001254419 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-83632 FILM NUMBER: 08613154 BUSINESS ADDRESS: STREET 1: 100 NORTH POINT CENTER EAST CITY: ALPHARETTA STATE: GA ZIP: 30022 BUSINESS PHONE: 2124056200 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GALEN PARTNERS IV LP CENTRAL INDEX KEY: 0001203341 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 610 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2122184990 SC 13G 1 f38079sc13g.htm SCHEDULE 13G sc13g
 

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.        )*

MedAssets, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
584045108
(CUSIP Number)
December 31, 2007
(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

Page 1 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Partners III, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   4,961,546
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   4,961,546
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  4,961,546
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.2%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 2 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Partners International III, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   449,647
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   449,647
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  449,647
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  1.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 3 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Employee Fund III, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   20,714
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   20,714
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  20,714
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 4 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Partners IV, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   1,178,995
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   1,178,995
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,178,995
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  2.7%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 5 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Partners International IV, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   93,648
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   93,648
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  93,648
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.2%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 6 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Employee Fund IV, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   1,647
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   1,647
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,647
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.0%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN

Page 7 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Claudius, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   5,411,193*
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    5,411,193*
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  5,411,193*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  12.2%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
* The shares are held as follows: 4,961,546 by Galen Partners III, L.P. and 449,647 by Galen Partners International III, L.P. The Reporting Person is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P.

Page 8 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Claudius IV, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,272,643*
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,272,643*
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,272,643*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  2.9%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
* The shares are held as follows: 1,178,995 by Galen Partners IV, L.P. and 93,648 by Galen Partners International IV, L.P. The Reporting Person is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P.

Page 9 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Wesson Enterprises, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   22,361*
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    22,361*
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  22,361*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.1%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO
* The shares are held as follows: 20,714 by Galen Employee Fund III, L.P. and 1,647 by Galen Employee Fund IV, L.P. The Reporting Person is the direct general partner of Galen Employee Fund III, L.P. and Galen Employee Fund IV, L.P.

Page 10 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Management, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   177,723*
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   177,723*
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  177,723*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO
* Includes 18,056 shares issuable upon exercise of options within 60 days of December 31, 2007.

Page 11 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Galen Investment Advisory Group L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   118,442
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   118,442
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  118,442
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  0.3%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  OO

Page 12 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Bruce F. Wesson
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   7,002,362*
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    7,002,362*
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  7,002,362*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  15.8%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
* The shares are held as follows: 177,723 by Galen Management, L.L.C. (18,056 shares of which are issuable upon exercise of options within 60 days of December 31, 2007), 118,442 by Galen Investment Advisory Group L.L.C., 4,961,546 by Galen Partners III, L.P., 449,647 by Galen Partners International III, L.P., 93,648 by Galen Partners International IV, L.P., 1,178,995 by Galen Partners IV, L.P., 20,714 by Galen Employee Fund III, L.P. and 1,647 by Galen Employee Fund IV, L.P. Claudius, L.L.C. is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P. Claudius IV, L.L.C. is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P. Wesson Enterprises, Inc. is the direct general partner of Galen Employee Fund III, L.P. and Galen Employee Fund IV, L.P. The Reporting Person is a member of Claudius, L.L.C., Claudius IV, L.L.C., Galen Management, L.L.C., and Galen Investment Advisory Group, L.L.C., and is the sole shareholder of Wesson Enterprises, Inc. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his proportionate pecuniary interests therein.

Page 13 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
L. John Wilkerson
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,980,001*
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,980,001*
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,980,001*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  15.7%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
* The shares are held as follows: 177,723 by Galen Management, L.L.C. (18,056 shares of which are issuable upon exercise of options within 60 days of December 31, 2007), 118,442 by Galen Investment Advisory Group L.L.C., 4,961,546 by Galen Partners III, L.P., 449,647 by Galen Partners International III, L.P., 93,648 by Galen Partners International IV, L.P., and 1,178,995 by Galen Partners IV, L.P. Claudius, L.L.C. is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P. Claudius IV, L.L.C. is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P. The Reporting Person is a member of Claudius, L.L.C., Claudius IV, L.L.C., Galen Management, L.L.C., and Galen Investment Advisory Group, L.L.C. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his proportionate pecuniary interests therein.

Page 14 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
David Jahns
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,980,001*
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,980,001*
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,980,001*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  15.7%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
* The shares are held as follows: 177,723 by Galen Management, L.L.C. (18,056 shares of which are issuable upon exercise of options within 60 days of December 31, 2007), 118,442 by Galen Investment Advisory Group L.L.C., 4,961,546 by Galen Partners III, L.P., 449,647 by Galen Partners International III, L.P., 93,648 by Galen Partners International IV, L.P., and 1,178,995 by Galen Partners IV, L.P. Claudius, L.L.C. is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P. Claudius IV, L.L.C. is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P. The Reporting Person is a member of Claudius, L.L.C., Claudius IV, L.L.C., Galen Management, L.L.C., and Galen Investment Advisory Group, L.L.C. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his proportionate pecuniary interests therein.

Page 15 of 25 pages


 

                     
CUSIP No.
 
584045108 
 

 

           
1   NAME OF REPORTING PERSONS
I.R.S. Identification No(s). of above person(s) (entities only)
Zubeen Shroff
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,980,001*
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,980,001*
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,980,001*
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  15.7%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  IN
* The shares are held as follows: 177,723 by Galen Management, L.L.C. (18,056 shares of which are issuable upon exercise of options within 60 days of December 31, 2007), 118,442 by Galen Investment Advisory Group L.L.C., 4,961,546 by Galen Partners III, L.P., 449,647 by Galen Partners International III, L.P., 93,648 by Galen Partners International IV, L.P., and 1,178,995 by Galen Partners IV, L.P. Claudius, L.L.C. is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P. Claudius IV, L.L.C. is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P. The Reporting Person is a member of Claudius, L.L.C., Claudius IV, L.L.C., Galen Management, L.L.C., and Galen Investment Advisory Group, L.L.C. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his proportionate pecuniary interests therein.

Page 16 of 25 pages


 

Item 1.
     (a) Name of Issuer
MedAssets, Inc.
     (b) Address of Issuer’s Principal Executive Offices
100 North Point Center East, Suite 200
Alpharetta, Georgia 30022
Item 2.
     (a) Name of Person Filing
Galen Partners III, L.P.
Galen Partners International III, L.P.
Galen Employee Fund III, L.P.
Galen Partners IV, L.P.
Galen Partners International IV, L.P.
Galen Employee Fund IV, L.P.
Claudius, L.L.C.
Claudius IV, L.L.C.
Wesson Enterprises, Inc.
Galen Management, L.L.C.
Galen Investment Advisory Group L.L.C.
Bruce F. Wesson
L. John Wilkerson
David Jahns
Zubeen Shroff
     (b) Address of Principal Business Office or, if none, Residence
c/o Galen Management, L.L.C.
680 Washington Boulevard
Stamford, CT 06901
     (c) Citizenship
All entities were organized in Delaware. The individuals are all United States citizens.
     (d) Title of Class of Securities
Common Stock
     (e) CUSIP Number
584045108
Item 3.   If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
          Not applicable

Page 17 of 25 pages


 

Item 4. Ownership
(a)   Amount Beneficially Owned:
         
Galen Partners III, L.P.
    4,961,546  
Galen Partners International III, L.P.
    449,647  
Galen Employee Fund III, L.P.
    20,714  
Galen Partners IV, L.P.
    1,178,995  
Galen Partners International IV, L.P.
    93,648  
Galen Employee Fund IV, L.P.
    1,647  
Claudius, L.L.C.
    5,411,193 (1)
Claudius IV, L.L.C.
    1,272,643 (2)
Wesson Enterprises, Inc.
    22,361 (3)
Galen Management, L.L.C.
    177,723 (4)
Galen Investment Advisory Group L.L.C.
    118,442  
Bruce F. Wesson
    7,002,362 (5)
L. John Wilkerson
    6,980,001 (6)
David Jahns
    6,980,001 (6)
Zubeen Shroff
    6,980,001 (6)
Percent of Class:
         
Galen Partners III, L.P.
    11.2 %
Galen Partners International III, L.P.
    1.0 %
Galen Employee Fund III, L.P.
    0.0 %
Galen Partners IV, L.P.
    2.7 %
Galen Partners International IV, L.P.
    0.2 %
Galen Employee Fund IV, L.P.
    0.0 %
Claudius, L.L.C.
    12.2 %
Claudius IV, L.L.C.
    2.9 %
Wesson Enterprises, Inc.
    0.1 %
Galen Management, L.L.C.
    0.4 %
Galen Investment Advisory Group L.L.C.
    0.3 %
Bruce F. Wesson
    15.8 %
L. John Wilkerson
    15.7 %
David Jahns
    15.7 %
Zubeen Shroff
    15.7 %

Page 18 of 25 pages


 

(b) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
         
Galen Partners III, L.P.
    4,961,546  
Galen Partners International III, L.P.
    449,647  
Galen Employee Fund III, L.P.
    20,714  
Galen Partners IV, L.P.
    1,178,995  
Galen Partners International IV, L.P.
    93,648  
Galen Employee Fund IV, L.P.
    1,647  
Claudius, L.L.C.
    0  
Claudius IV, L.L.C.
    0  
Wesson Enterprises, Inc.
    0  
Galen Management, L.L.C.
    177,723 (4)
Galen Investment Advisory Group L.L.C.
    118,442  
Bruce F. Wesson
    0  
L. John Wilkerson
    0  
David Jahns
    0  
Zubeen Shroff
    0  
(ii) Shared power to vote or to direct the vote
         
Galen Partners III, L.P.
    0  
Galen Partners International III, L.P.
    0  
Galen Employee Fund III, L.P.
    0  
Galen Partners IV, L.P.
    0  
Galen Partners International IV, L.P.
    0  
Galen Employee Fund IV, L.P.
    0  
Claudius, L.L.C.
    5,411,193 (1)
Claudius IV, L.L.C.
    1,272,643 (2)
Wesson Enterprises, Inc.
    22,361 (3)
Galen Management, L.L.C.
    0  
Galen Investment Advisory Group L.L.C.
    0  
Bruce F. Wesson
    7,002,362 (5)
L. John Wilkerson
    6,980,001 (6)
David Jahns
    6,980,001 (6)
Zubeen Shroff
    6,980,001 (6)

Page 19 of 25 pages


 

(iii) Sole power to dispose or to direct the disposition of
         
Galen Partners III, L.P.
    4,961,546  
Galen Partners International III, L.P.
    449,647  
Galen Employee Fund III, L.P.
    20,714  
Galen Partners IV, L.P.
    1,178,995  
Galen Partners International IV, L.P.
    93,648  
Galen Employee Fund IV, L.P.
    1,647  
Claudius, L.L.C.
    0  
Claudius IV, L.L.C.
    0  
Wesson Enterprises, Inc.
    0  
Galen Management, L.L.C.
    177,723 (4)
Galen Investment Advisory Group L.L.C.
    118,442  
Bruce F. Wesson
    0  
L. John Wilkerson
    0  
David Jahns
    0  
Zubeen Shroff
    0  
(iv) Shared power to dispose or to direct the disposition of
         
Galen Partners III, L.P.
    0  
Galen Partners International III, L.P.
    0  
Galen Employee Fund III, L.P.
    0  
Galen Partners IV, L.P.
    0  
Galen Partners International IV, L.P.
    0  
Galen Employee Fund IV, L.P.
    0  
Claudius, L.L.C.
    5,411,193 (1)
Claudius IV, L.L.C.
    1,272,643 (2)
Wesson Enterprises, Inc.
    22,361 (3)
Galen Management, L.L.C.
    0  
Galen Investment Advisory Group L.L.C.
    0  
Bruce F. Wesson
    7,002,362 (5)
L. John Wilkerson
    6,980,001 (6)
David Jahns
    6,980,001 (6)
Zubeen Shroff
    6,980,001 (6)
 
(1)   The shares are held as follows: 4,961,546 by Galen Partners III, L.P. and 449,647 by Galen Partners International III, L.P. The Reporting Person is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P.
 
(2)   The shares are held as follows: 1,178,995 by Galen Partners IV, L.P. and 93,648 by Galen Partners International IV, L.P. The Reporting Person is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P.
 
(3)   The shares are held as follows: 20,714 by Galen Employee Fund III, L.P. and 1,647 by Galen Employee Fund IV, L.P. The Reporting Person is the direct general partner of Galen Employee Fund III, L.P. and Galen Employee Fund IV, L.P.
 
(4)   Includes 18,056 shares issuable upon exercise of options within 60 days of December 31, 2007.
 
(5)   The shares are held as follows: 177,723 by Galen Management, L.L.C. (18,056 shares of which are issuable upon exercise of options within 60 days of December 31, 2007), 118,442 by Galen Investment Advisory Group L.L.C., 4,961,546 by Galen Partners III, L.P., 449,647 by Galen Partners International III, L.P., 93,648 by Galen Partners International IV, L.P., 1,178,995 by Galen Partners IV, L.P., 20,714 by Galen Employee Fund III, L.P. and 1,647 by Galen Employee Fund IV, L.P. Claudius, L.L.C. is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P. Claudius IV, L.L.C. is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P. Wesson Enterprises, Inc. is the direct general partner of Galen Employee Fund III, L.P. and Galen Employee Fund IV, L.P. The Reporting Person is a member of Claudius, L.L.C., Claudius IV, L.L.C., Galen Management, L.L.C., and Galen Investment Advisory Group, L.L.C., and is the sole shareholder of Wesson Enterprises, Inc. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his proportionate pecuniary interests therein.
 
(6)   The shares are held as follows: 177,723 by Galen Management, L.L.C. (18,056 shares of which are issuable upon exercise of options within 60 days of December 31, 2007), 118,442 by Galen Investment Advisory Group L.L.C., 4,961,546 by Galen Partners III, L.P., 449,647 by Galen Partners International III, L.P., 93,648 by Galen Partners International IV, L.P., and 1,178,995 by Galen Partners IV, L.P. Claudius, L.L.C. is the direct general partner of Galen Partners III, L.P. and Galen Partners International III, L.P. Claudius IV, L.L.C. is the direct general partner of Galen Partners IV, L.P. and Galen Partners International IV, L.P. The Reporting Person is a

Page 20 of 25 pages


 

    member of Claudius, L.L.C., Claudius IV, L.L.C., Galen Management, L.L.C., and Galen Investment Advisory Group, L.L.C. The Reporting Person disclaims beneficial ownership of all such shares except to the extent of his proportionate pecuniary interests therein.
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding
Company or Control Person.
Not applicable
Item 8. Identification and Classification of Members of the Group
Not applicable
Item 9. Notice of Dissolution of a Group
Not applicable
Item 10. Certification
Not applicable

Page 21 of 25 pages


 

SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 14, 2008
                 
GALEN PARTNERS III, L.P.   GALEN PARTNERS INTERNATIONAL III, L.P.    
 
               
By:
  Claudius, L.L.C.,   By:   Claudius, L.L.C.,    
 
  its General Partner       its General Partner    
 
               
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson    
 
 
 
Name: Bruce F. Wesson
     
 
Name: Bruce F. Wesson
   
 
  Title: Member       Title: Member    
 
               
GALEN EMPLOYEE FUND III, L.P.   GALEN PARTNERS IV, L.P.    
 
               
By:
  Wesson Enterprises, Inc.,   By:   Claudius IV, L.L.C.,    
 
  its General Partner       its General Partner    
 
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson    
 
 
 
Name: Bruce F. Wesson
     
 
Name: Bruce F. Wesson
   
 
  Title: Sole Shareholder       Title: Member    
 
               
GALEN PARTNERS INTERNATIONAL IV, L.P.   GALEN EMPLOYEE FUND IV, L.P.    
 
               
By:
  Claudius IV, L.L.C.,   By:   Wesson Enterprises, Inc.,    
 
  its General Partner       its General Partner    
 
               
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson    
 
 
 
Name: Bruce F. Wesson
     
 
Name: Bruce F. Wesson
   
 
  Title: Member       Title: Sole Shareholder    
 
               

Page 22 of 25 pages


 

                 
CLAUDIUS, L.L.C.   WESSON ENTERPRISES, INC.    
 
               
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson    
 
 
 
Name: Bruce F. Wesson
     
 
Name: Bruce F. Wesson
   
 
  Title: Member       Title: Sole Shareholder    
 
               
CLAUDIUS IV, L.L.C.   GALEN INVESTMENT ADVISORY GROUP, L.L.C.    
 
               
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson    
 
 
 
Name: Bruce F. Wesson
     
 
Name: Bruce F. Wesson
   
 
  Title: Member       Title: Member    
 
               
GALEN MANAGEMENT, L.L.C.   By:   /s/ L. John Wilkerson    
 
         
 
Name: L. John Wilkerson
   
By:
  /s/ Bruce F. Wesson        
 
 
 
Name: Bruce F. Wesson
Title: Member
  By:   /s/ Zubeen Shroff    
 
         
 
Name: Zubeen Shroff
   
 
               
By:
  /s/ Bruce F. Wesson        
 
 
 
Name: Bruce F. Wesson
         
 
               
 
               
By:
  /s/ David Jahns        
 
 
 
Name: David Jahns
         
 
               
 
               
EXHIBITS
A: Joint Filing Agreement
     
Attention:
  Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

Page 23 of 25 pages


 

EXHIBIT A
JOINT FILING AGREEMENT
     In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of MedAssets, Inc. and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts.
     In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 14 day of February, 2008.
             
GALEN PARTNERS III, L.P.   GALEN PARTNERS INTERNATIONAL III, L.P.
 
           
By:
  Claudius , L.L.C.,   By:   Claudius, L.L.C.,
 
  its General Partner       its General Partner
 
           
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson
 
           
 
  Name: Bruce F. Wesson       Name: Bruce F. Wesson
 
  Title: Member       Title: Member
 
           
GALEN EMPLOYEE FUND III, L.P.   GALEN PARTNERS IV, L.P.
 
           
By:
  Wesson Enterprises, Inc.,   By:   Claudius IV, L.L.C.,
 
  its General Partner       its General Partner
 
           
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson
 
           
 
  Name: Bruce F. Wesson       Name: Bruce F. Wesson
 
  Title: Sole Shareholder       Title: Member
 
           
GALEN PARTNERS INTERNATIONAL IV, L.P.   GALEN EMPLOYEE FUND IV, L.P.
 
           
By:
  Claudius IV, L.L.C.,   By:   Wesson Enterprises, Inc.,
 
  its General Partner       its General Partner
 
           
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson
 
           
 
  Name: Bruce F. Wesson       Name: Bruce F. Wesson
 
  Title: Member       Title: Sole Shareholder

Page 24 of 25 pages


 

                 
CLAUDIUS, L.L.C.   WESSON ENTERPRISES, INC.    
 
               
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson    
 
 
 
Name: Bruce F. Wesson
     
 
Name: Bruce F. Wesson
   
 
  Title: Member       Title: Sole Shareholder    
 
               
CLAUDIUS IV, L.L.C.   GALEN INVESTMENT ADVISORY GROUP, L.L.C.    
 
               
By:
  /s/ Bruce F. Wesson   By:   /s/ Bruce F. Wesson    
 
 
 
Name: Bruce F. Wesson
     
 
Name: Bruce F. Wesson
   
 
  Title: Member       Title: Member    
 
               
GALEN MANAGEMENT, L.L.C.   By:   /s/ L. John Wilkerson    
 
         
 
Name: L. John Wilkerson
   
By:
  /s/ Bruce F. Wesson        
 
 
 
Name: Bruce F. Wesson
Title: Member
  By:   /s/ Zubeen Shroff    
 
         
 
Name: Zubeen Shroff
   
 
               
By:
  /s/ Bruce F. Wesson        
 
 
 
Name: Bruce F. Wesson
         
 
               
 
               
By:
  /s/ David Jahns        
 
 
 
Name: David Jahns
         
 
               
 
               

Page 25 of 25 pages

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