Healthcare Software & Data Strategy

Ardan’s deep life sciences operating experience was a fundamental differentiator
and they are actively helping us achieve our growth vision.
— Ray Hill, Chairman & CEO, CorEvitas

Ardan invests in and partners with experienced management teams focused on the healthcare enterprise software and data sector. Our collaborative approach looks for and preserves strong company culture and supports existing management teams.

Our healthcare private equity strategy focuses on growth buyouts of companies that are profitable or nearing profitability.  Ideal company solutions enable healthcare stakeholders with highly scaleable, automated and intelligent capabilities that materially reduce cost while extending access. We seek companies that research and develop proprietary software solutions that either license directly to their customers or leverage internally to create a software-enabled managed service.

 

Our three - 20 / 40 / 60 - key investment criteria

   $20M+ Revenue    40%+ CAGR+margin      60%+ RECURRING REVENUE


PRODUCT TYPES

  • Analytics

  • Workflow

  • Operational

  • Collaboration

  • Financial

  • Infrastructure

  • Data management

BUSINESS MODELS

  • Software-as-a-Service

  • Platform-as-a-Service

  • Business-to-business

  • Hybrid

  • Networks

CHARACTERISTIC PROFILE

  • Highly experienced team

  • Recurring revenue & backlog

  • Profitable or near profitable

  • Mission critical solutions

  • Regulatory & payor tailwinds

  • Proven customer value prop

  • Network dynamics

  • Defensible product moats

transaction profile

  • Take privates

  • Roll-ups

  • Special situations

  • Control buyouts

  • Growth recapitalizations

  • Corporate carve-outs

  • Platform combinations