Harris Williams & Co. advises MedData LLC in its sale to strategic buyer TransUnion LLC
Harris Williams & Co. is pleased to announce that MedData LLC, a division of AGDATA, L.P., and a portfolio company of Carousel Capital, has been acquired by strategic buyer TransUnion LLC. Harris Williams & Co. acted as the exclusive advisor to MedData. The transaction was led by Garin Arevian and Rahul Swani from the firm's Technology, Telecom & Digital Media (TTDM) Group and Turner Bredrup from the firm's Healthcare & Life Sciences Group.
MedData LLC (www.meddatahealth.com), a leading provider of healthcare transaction processing and informatics solutions, offers a broad range of eligibility verification, claims status inquiry, encounter data management and HEDIS (Healthcare Effectiveness Data and Information Set) reporting solutions to healthcare providers and payers nationwide. AGDATA, L.P. (www.agiml.net ) is a leading provider of outsourced database management, marketing program administration, data collection and data analysis services to the agriculture/crop protection, animal health and healthcare industries.
Carousel Capital (www.carouselcapital.com) is a private investment firm that invests in companies located in the Southeastern United States. Carousel's investor base includes institutional investors and an elite group of more than 100 current and former CEOs with significant operating experience. Since its inception, Carousel has invested in 28 companies primarily in three targeted growth sectors: business services; consumer products and services; and healthcare services.
As a global leader in credit and information management, TransUnion (www.transunion.com) creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data and advanced analytics and decisioning. For consumers, TransUnion provides the tools, resources and education to help manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs associates in more than 25 countries on five continents.