Ziegler, a Chicago-based specialty investment bank, served as financial advisor to MedCenterDisplay (MCD) in its recent sale to PatientPoint, an L Catteron portfolio company and a provider of patient engagement solutions at the point of care in both acute and ambulatory care settings.

Ziegler assisted in the overall management of the successful execution of the sell-side process, structuring and negotiating key terms of the purchase agreement and facilitating due diligence.

Jim Aylward, president and CEO of MCD, said, “Ziegler was a valued and trusted advisor throughout this process. Ziegler’s knowledge of the sector and relevant buyer universe, their sound guidance and focus on process management translated into seamless execution that lead to a successful closing of the transaction.”

MCD provides digital patient and healthcare consumer engagement tools to address the needs of patients and their families before, during and after the provision of care. Through custom and turnkey solutions and content, the company enables hospitals to utilize technology to improve patients’ total care experience.

The PatientPoint’s Patient Guide delivers patient information, enabling more than 750 hospitals to meet regulatory and compliance requirements in areas including patient safety, patient rights and responsibilities and the discharge process. Teaming with MCD strengthens PatientPoint’s ability to help hospitals increase patient satisfaction, engagement and education. Combined, the two companies will serve more than 1,000 hospitals and ASCs across the country.