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Established
1999
Location
Plano, TX, US
Primary Industry
Medical Devices & Equipment
About
Ancillary Advantage specializes in providing a range of healthcare solutions, focusing on enhancing operational efficiency and patient care within the healthcare sector. Established in 1999, Ancillary Advantage operates out of Plano, US, offering innovative healthcare services. Founded by Grant Aaron, and currently led by CEO Charles Bavier, the company underwent a significant change in ownership when Ferrer Freeman & Co acquired 50 percent of its shares in July 2003. The firm has been involved in one deal to date, reflecting a stable operational focus in its sector.
Ancillary Advantage delivers a comprehensive suite of healthcare solutions aimed at improving operational outcomes. The firm's offerings include advanced patient management systems and health technology services, ensuring streamlined processes tailored for healthcare providers to enhance patient care and operational efficiency. Ancillary Advantage generates its revenue through service contracts with healthcare providers, focusing on transactional fees associated with its operational solutions. Although specific financial details are not disclosed, the company’s revenue structure is directly linked to client engagement and service utilization in the healthcare arena.
Looking ahead, Ancillary Advantage plans to expand its product offerings, including new health technology services expected to launch in late 2024. The company aims to penetrate additional markets in North America and Europe, particularly targeting regions with a high demand for healthcare efficiency solutions. The recent acquisition in July 2003 is anticipated to bolster these expansion efforts, enabling the company to leverage new resources and insights to enhance its market presence.
Ferrer, Freeman & Co
Medical Devices & Equipment
Equipment Rental & Leasing, Dermatology, Medical Equipment Distributors, Biomaterials
www.ancillaryadvantage.com
Mature - Buyout
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Ancillary Advantage | - |
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