M&A Deal Summary

Cardinal Health Acquires WaveMark

On August 27, 2013, Cardinal Health acquired information technology company WaveMark

Acquisition Highlights
  • This is Cardinal Health’s 1st transaction in the Information Technology sector.
  • This is Cardinal Health’s 24th transaction in the United States.
  • This is Cardinal Health’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2013-08-27
Target WaveMark
Sector Information Technology
Buyer(s) Cardinal Health
Deal Type Add-on Acquisition
Advisor(s) Leerink Partners (Financial)

Target

WaveMark

Concord, Massachusetts, United States
WaveMark provides actionable, real-time information on the movement and usage of health care 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.

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Buyer(S) 1

Buyer

Cardinal Health

Dublin, Ohio, United States

Category Company
Founded 1979
Sector Distribution
Employees47,922
Revenue 226.8B USD (2024)
DESCRIPTION
Entrance to Cardinal Health's corporate headquarters in Dublin, Ohio.
Entrance to Cardinal Health's corporate headquarters in Dublin, Ohio.

Cardinal Health is a distributor of healthcare products. Cardinal Health manufactures medical and surgical products and distributes pharmaceuticals and medical supplies worldwide. Cardinal Health was founded in 1979 and is based in Dublin, Ohio.


DEAL STATS #
Overall 27 of 44
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 25 of 39
State: Massachusetts M&A 2 of 2
Country: United States M&A 24 of 41
Year: 2013 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-14 AssuraMed

Twinsburg, Ohio, United States

AssuraMed, previously known as HGI Holding, Inc., is a leading mail-order, direct-to-consumer provider of disposable medical products to chronic disease patients. AssuraMed operates through its Edgepark Medical Supplies and Independence Medical divisions, offering its large and fragmented customer base more than 30,000 products addressing a diverse set of chronic disease market segments including ostomy, diabetes, urological, enteral, incontinence and wound care.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-20 Wright & Filippis - Urological and Ostomy Supply Business

United States

Buy -