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.
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.
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.
Carter Morse & Mathias is proud to announce that Managing Director Martin Magida has been appointed as an Expert with the CEO Trust and has recently been accepted to the Vistage Trusted Advisor Program.
Carter Morse & Mathias today announced that it has been won the "Deal of the Year: Media and Entertainment" for its work advising Tantor Media on its sale to Recorded Books, a portfolio company of private equity firm Wasserstein & Co. The awards was presented to CMM at the 5th Annual ACG New York Champion's Awards at the Metropolitan Club in New York. The Champion's Awards is a collaboration between the ACG (The Association for Corporate Growth) New York Chapter and The M&A Advisor. They are designed to acknowledge outstanding firms, transactions and dealmakers in the middle market mergers and acquisitions (M&A) industry. An independent panel of experts representing a cross-section of the middle market industry chose the winners from among the finalists.
Carter Morse & Mathias announced that Carolyn C. Galiette, Senior Managing Director at Ironwood Capital and Jack Krichavsky, President of Almada Corp., have joined its Board of Advisors, which consists of prominent business professionals from business sectors that are important to CMM's mission and its clients.
Securities are offered through Carter Capital Corporation, memberFINRA and SIPC.
This information should not be construed as a recommendation, offer to sell, or solicitation of an offer to buy a particular security or investment strategy. The commentary provided is for informational purposes only and should not be relied on for accounting, legal, tax or other professional advice. While the information herein is deemed reliable, CMM cannot guarantee its accuracy, completeness, or suitability for any purpose, and makes no warranties with regard to the results to be obtained from its use.