ADS Data Systems

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ADS Data Systems - overview

Established

2007

Location

-, MD, US

Primary Industry

Software

About

ADS Data Systems specializes in providing tailored software solutions for adult day service centers, enhancing operational efficiency and compliance while supporting healthcare providers across the United States. Founded in 2007, ADS Data Systems delivers innovative software solutions specifically for adult day service centers. In July 2018, the company was acquired by Consolo Services Group, Inc. , a portfolio company of Bluff Point Associates.


The company operates out of the United States and has been involved in a total of 1 deal, with the most recent transaction occurring on July 2, 2018. The founder's details are not publicly available. ADS Data Systems provides comprehensive software solutions under the WellSky Adult Day brand, designed to improve operational efficiency, compliance, and financial management for adult day centers. The software facilitates documentation, billing, and program management, essential for delivering quality care.


It enables organizations to manage leads, track marketing effectiveness, and create electronic health records (EHR) using intake and referral data. Serving over 20,000 adult day participants daily, the software is accessible on various devices, allowing staff to update records in real time while providing care. WellSky Adult Day generates revenue through subscriptions to its software platform, tailored for healthcare providers engaged in adult day services. The transaction structure typically involves recurring subscription fees based on user count or facility engagement.


Clients enter agreements ensuring ongoing access to features such as the WellSky Care Plan Library and business intelligence tools, aimed at reducing administrative costs and enhancing financial sustainability for users. The company's revenue model is aligned with B2B sales, focusing on partnerships with healthcare institutions prioritizing compliance and quality care delivery. Looking ahead, ADS Data Systems aims to enhance its product offerings and expand its market reach. The company is focusing on the development of new products and features designed to improve service efficiency and client engagement, with anticipated releases in the upcoming quarters.


Additionally, ADS Data Systems is strategizing to enter new geographic markets, targeting expansion within the United States. The recent acquisition in July 2018 provides a foundation for leveraging additional resources to support these growth initiatives and enhance operational capabilities.


Current Investors

Consolo Services Group, Inc.

Primary Industry

Software

Sub Industries

Accounting/Finance Software

Website

www.adsdatasystems.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

ADS Data Systems - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedADS Data Systems-

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