9

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

1 2 3 4

Press Releases

CMM Celebrates 30 years

October 2017

We would like to sincerely thank the hundreds of clients, referral sources and trusted advisers with whom we have worked to help owners of private businesses maximize shareholder value through their 'once in a lifetime' transactions.

Read more ...

CMM's 2017 Mid-Year Review

August 2017

We are happy to highlight some of our notable achievements during the first six months of 2017 and share with you a few updates at Carter Morse & Mathias.  We continue to see strong activity and valuations in the middle market, driven by dynamic private equity markets, readily available credit markets, ample cash from strategic buyers and a surging public stock market. It continues to be a 'sellers' market' with robust valuations and more flexible terms. Although we don't see any immediate material risks to this frothy market, we are confident that it cannot last much longer. If you are contemplating a transaction in the next few years, we encourage you to consider it sooner rather than later.

Read more ...

The Buyer’s Advantage - How Business Owners Can Level the Playing Field

July 2017

You’ve built a great company. Your determination and perseverance have earned you happy customers, loyal employees, and even the support of your bank. The top line continues to grow nicely and the bottom line is well into the black. From product development to customer service, you and your team have demonstrated impressive business skills.  But when it’s time for that once-in-a-lifetime event, the sale of your business, you will face an experienced private equity firm or strategic corporate buyer for whom this is just another transaction. The playing field is not level.

Read more ...