Legacy Data Access, LLC

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Legacy Data Access, LLC - overview

Established

1999

Location

Charlotte, NC, US

Primary Industry

IT Infrastructure

About

Legacy Data Access, LLC, based in the US, specializes in healthcare data integration solutions that enhance the accessibility of historical patient data for healthcare practitioners. Legacy Data Access, LLC was founded in 1999 and operates from Charlotte, US, providing healthcare data integration solutions. The company has engaged in 1 deal, with the most recent occurring on July 20, 2021. Following a recapitalization led by Carousel Capital and management, the company aims to expand its business solutions.


Legacy Data Access (LDA) specializes in healthcare data integration solutions, focusing on historical data archiving and accessibility of longitudinal data. Their core offering is a secure, cloud-based ecosystem that seamlessly integrates legacy clinical and operational data into current healthcare systems. This allows healthcare practitioners to access relevant historical patient data at the point of need, enhancing decision-making and operational efficiency. LDA serves a diverse client base across the U.


S. healthcare industry, working with over 80 health systems, including prominent academic institutions. The solutions are designed to meet the unique needs of various healthcare organizations, addressing challenges related to data usability and integration from a wide range of financial, clinical, and administrative systems. The revenue model for Legacy Data Access centers around partnerships with healthcare providers, where they offer subscription-based services for data integration and archiving.


Clients engage in transactions for these services, which typically involve long-term contracts that secure access to LDA's proprietary systems, such as their flagship product, LongView™. These arrangements facilitate ongoing support and maintenance, ensuring that legacy data is readily accessible and actionable for healthcare staff. The pricing structure is defined by the scale of the healthcare system, reflecting factors such as the volume of data archived and the level of integration required. Through these structured transactions, LDA establishes solid financial relationships with its clients, contributing to its revenue stream derived from the healthcare sector.


In July 2021, Legacy Data Access recapitalized with support from Carousel Capital to enhance its business solutions and growth plans. The company aims to expand its offerings and market reach, although specific new products or expansion timelines have not been detailed.


Current Investors

Carousel Capital

Primary Industry

IT Infrastructure

Sub Industries

Healthcare IT, IT Infrastructure

Website

www.legacydataaccess.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Legacy Data Access, LLC - 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)
RecapitalisationCompletedLegacy Data Access, LLC-

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