Acquisitions Simpler Acquisition On April 11, 2014, we acquired Simpler (the "Simpler Transaction"). Simpler provides "Lean" enterprise transformation consulting services, which is a business process intended to maximize customer value with fewer resources and waste. This strategic acquisition combines the Company s market-leading cost and quality analytics in the commercial segment with Simpler s performance management consulting capabilities to deliver performance improvement solutions to healthcare and commercial customers. Pursuant to the Simpler purchase agreement, the Company indirectly acquired all of the outstanding equity of Simpler for a purchase price of $81.1 million , including a working capital adjustment of $1.1 million , and the issuance of equity interests by Holdings LLC, the direct parent of the Company, of $3.7 million to Simpler. The related acquisition costs amounted to $3.6 million . The Company financed the acquisition and related costs and expenses through an increase in the Tranche B Term Loans (the "Supplemental Tranche B Term Loans") (see Note 6). The Company and its affiliates did not assume any indebtedness in connection with the Simpler Transaction. The following is a summary of the allocation of the purchase price of the Simpler Transaction to the estimated fair values of assets acquired and liabilities assumed in the Simpler Transaction. The allocation of the purchase price is based on management's judgment after evaluating several factors, including a valuation assessment prepared by a third party valuation firm: Values recognized at acquisition date Trade and other receivables $ 7,560 Prepaid assets and other current assets 425 Computer hardware and other property 181 Other identifiable intangible assets 47,500 Current liabilities (2,575 ) Deferred revenue (600 ) Net assets acquired 52,491 Goodwill on acquisition 28,571 Net consideration $ 81,062 Accounts receivable, accounts payable, and liabilities were stated at historical carrying values, given their short-term nature. The C