Paging Assets of Critical Alert Systems, LLC

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Paging Assets of Critical Alert Systems, LLC - overview

Established

2010

Location

Jacksonville, FL, US

Primary Industry

Marketing/Advertising

About

Paging Assets of Critical Alert Systems, LLC provides advanced software-based patient communication solutions for healthcare settings, enhancing workflows and improving patient care efficiency within clinical environments. Founded in 2010 in Jacksonville, US, Paging Assets of Critical Alert Systems, LLC specializes in communication solutions for healthcare. The company was acquired by American Messaging Services, LLC in February 2017, though specific financial terms were not disclosed. Critical Alert specializes in providing enterprise-class, software-based patient communication solutions designed to enhance clinical workflows and patient care within healthcare facilities.


The company's flagship product, CommonPath Enterprise, integrates nurse call systems, alarm management, event notifications, and clinical analytics. This FDA-cleared software solution includes UL-1069 compliant nurse call features and real-time monitoring systems primarily serving hospitals and healthcare enterprises across the United States, particularly in critical care settings, along with long-term care facilities. The revenue structure of Critical Alert is based on software licensing and service agreements with healthcare providers. Products, such as the CommonPath Enterprise platform, are offered through subscription models or direct sales to institutions, encompassing initial setup fees and ongoing subscription charges.


Revenue may also come from partnerships with integration firms that enhance functionality, with pricing aligned to the complexity of solutions provided. Looking forward, Critical Alert aims to expand its product offerings and geographic reach. While specific new product details and timelines are not disclosed, the company is focused on enhancing its software capabilities and exploring new markets. Following the acquisition in February 2017, resources will likely be allocated to support these growth initiatives and enhance service delivery to healthcare providers.


Current Investors

American Messaging Services, LLC

Primary Industry

Marketing/Advertising

Sub Industries

Public Relations & Communications

Website

www.criticalalert.com

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Paging Assets of Critical Alert Systems, 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)
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Paging Assets of Critical Alert Systems, LLC - employee data

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