Deal Details
Sale to Cardinal Health
Summary
Baird served as a financial advisor to WaveMark
About
WaveMark, Inc. (“WaveMark” or the “Company”) was recently acquired by Cardinal Health, Inc. (“Cardinal”) (NYSE: CAH). Terms of the transaction were not disclosed.WaveMark is a leading provider of real-time healthcare supply chain solutions, focusing on inventory management and supply chain optimization. The Company provides actionable, real-time information on the movement and usage of healthcare supplies and implantable devices. WaveMark uses RFID and barcode-enabled solutions and a robust cloud computing platform to help hospitals, IDNs, medical device suppliers and distributors ensure patient safety, eliminate manual processes, reduce costs and streamline workflows. The Company is headquartered in Littleton, Massachusetts.
Cardinal Health, Inc. is a healthcare services company that improves the cost-effectiveness of healthcare. Cardinal is an essential link in the healthcare supply chain, providing pharmaceuticals and medical products and services to more than 100,000 locations each day and is also an industry-leading direct-to-home medical supplies distributor. Cardinal is headquartered in Dublin, Ohio.
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- Date
- September 2013
- Company
- WaveMark, Inc.
- Transaction
- M&A
- Sectors
- Healthcare
- Target Geography
- North America
- Acquiror Geography
- North America
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