AGData, MedData
Business Services
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.
III
Fund
III
Fund
Fund III
Location Charlotte, NC
Year of Investment 2006
CEO Verl Purdy
Status Exited 2010
Results
Completed 4add-on acquisitions
EBITDA grew169%from 2006 to 2009
Revenue grew123%from 2006 to 2009
Value Creation Initiatives
What did the business need?
In February 2006, Carousel Capital directly structured a transaction to buy out a retiring co-founder, enabling the CEO to roll over his entire ownership stake. Carousel partnered with the CEO and AGDATA management to facilitate the company’s acquisition strategy and better leverage the company’s infrastructure and customer base.
What outcomes did we achieve?
How did we create value?
From the beginning of their investment, Carousel was extremely supportive of our management team’s vision for the business. We forged a true partnership without which our very significant growth and successful results would have not been achieved.
Verl Purdy, Former Chairman and CEO, AGDATA, Former Portfolio Company
More Case Studies
Alpine Intel (f.k.a. CCGIQ) is a leading provider of innovative solutions that enable better insurance underwriting and claims decisions. The Alpine Intel brands, which include HVACi, Donan, and StrikeCheck, provide high-quality property insurance solutions nationwide.
More Case Studies
apexanalytix is a leading provider of supplier management, audit, recovery and compliance software and services.
More Case Studies
APEX Analytix is a leading provider of audit, recovery and compliance technology and services to global Fortune 1000 companies.
More Case Studies
Axium Healthcare Pharmacy, Inc. is a leading independent specialty pharmacy that provides comprehensive disease-management programs to meet the needs of patients with rare or chronic conditions.
More Case Studies
Joe Hudson’s Collision Center is a leading provider of automotive collision repair services in the Southeastern United States.
More Case Studies
Transflo is the leading provider of tech-enabled revenue cycle, document management and invoicing solutions to the transportation industry.
More Case Studies
Leading provider of enterprise-level software specifically designed for advertising agencies and marketing companies, with solutions that automate accounting, billing, project management, digital asset management and media management.
Related News
February 08, 2010
Carousel Capital Exits AGDATASeptember 30, 2010
AGDATA Named Buyout of the Year