Underserved Market; Outsized Results
Featured Case Study – Sell-Side Advisory
Since 2005, North Carolina-based AlphaCM, Inc. has been developing and implementing software solutions and services that ensure the success of mental health and intellectual/developmental disability providers and payers. From the outset, AlphaCM provided high-quality solutions for an underserved, yet growing, niche market. Today, the majority of Managed Care Organizations (MCOs) in North Carolina and surrounding states are using an AlphaCM software solution. The AlphaCM management team selected SDR Ventures to serve as its sell-side advisor in order to help capture the value that it built in the Company.
SDR ran a thorough sell-side process that included locating and targeting a diverse group of potential buyers. AlphaCM’s strong market share in North Carolina and surrounding states was proof-positive of the Company’s superior software platform, but SDR was able to demonstrate the potential for national reach as well. Ultimately, Mediware Information Systems, a portfolio company of Thoma Bravo and a clear strategic fit for AlphaCM, presented the most compelling transaction option for the shareholders, employees and customers.
For the AlphaCM management team, this transaction represented the culmination of years of dedication and hard work in creating a unique, truly disruptive healthcare-technology solution and in building a strong company to support it. The transaction not only met the goals of AlphaCM’s management team, but it also helped to position AlphaCM as a whole for more rapid, high-profile growth and success on a larger scale¬.