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Anesthesia Data Systems

Business Description

Anesthesia Data Systems, Inc. (ADS) was a health care information technology company that provided an innovative system for capturing, processing and analyzing utilization, cost and outcomes data for surgical procedures.  The Company was founded by two board-certified anesthesiologists. 

Background

After beta-testing the technology, the Company sought a strategic buyer to launch commercially.  It was determined that venture capital was not desirable due to the lack of operating experience of the founders and the desire to gain immediate traction with an installed customer base.

Solution

The Company was acquired by Cardinal Health, whose Owen Healthcare subsidiary was the nation's leading provider of fully integrated contract hospital pharmacy services.  A principal of Carter Morse & Mathias served as ADS’ exclusive financial advisor in the transaction.

 

Featured Transactions

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Press Releases

2016 - Year in Review

February 2017

As we look back on 2016, we would like to highlight some of the notable achievements during our 29th year in business. It has been another strong year for CMM, as measured by the number of closed transactions, the valuations achieved for our clients, the recognition we have received and our continued personal involvement in our communities. Our success is a direct result of the trust and strong relationships with our clients, referral sources and friends.

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Happy New Year! We've Moved!

January 2017

This is not just any New Year, nor is this just any new office! After more than 20 years in one place, CMM's new headquarters remains in Southport Village, but is now is located within The Tide Mill Building, a historic landmark built 1712. The building straddles the Southport Harbor and is literally on the water.

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ComNet has been acquired by ACRE

December 2016

Carter Morse & Mathias is pleased to announce that Communication Networks, LLC ("ComNet") has been acquired by Access Control Related Enterprises, LLC ("ACRE"), a portfolio company of the private equity firm LLR Partners. CMM acted as the exclusive financial advisor to ComNet for this transaction. 

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