RA Capital represented Golden Hour Data Systems, Inc. (Golden Hour) as its exclusive financial advisor in the February 2019 sale to ZOLL Medical Corporation (ZOLL).
Successful, Founder-led Business: Golden Hour is an EMS physician-led innovator of highly-specialized, integrated Software-as-a-Service (SaaS) technology solutions and technology-enabled revenue cycle management (RCM) services targeting the specific needs of the medical transport industry. Founder-led and self-funded since its inception over twenty years ago, approximately 70% of all US rotor wing medical transports and 20% of all ground medical transports utilize at least one of Golden Hour’s products or service lines.
Deal Execution: In light of significant industry consolidation, the owners of Golden Hour engaged RA Capital to explore strategic alternatives and advise on the best path to realize their desired outcome. RA Capital led a targeted and highly confidential process that resulted in ZOLL’s acquisition of Golden Hour.
Mutually Beneficial Result: The transaction provides Golden Hour’s owners with a favorable exit and allows ZOLL to advance their strategy of delivering solutions that optimize operational and financial efficiencies in healthcare.
About Golden Hour Data Systems, Inc.
Golden Hour was founded in San Diego in 1997 to support the sustainability of air medical transportation. The Company expanded its position in the medical ground transport market via the acquisition of emsCharts, Inc. in 2014. Golden Hour has been at the forefront of EMS data flows and business processes, pioneering a patented, integrated software and RCM services platform that supports medical transport agencies of all sizes.
About ZOLL Medical Corporation
ZOLL Medical Corporation, an Asahi Kasei Group company, develops and markets medical devices and software solutions that help advance emergency care and save lives, while increasing clinical and operational efficiencies. With products for defibrillation and monitoring, circulation and CPR feedback, data management, fluid resuscitation, therapeutic temperature management, and ventilation, ZOLL provides a comprehensive set of technologies that help clinicians, EMS and fire professionals, and lay rescuers treat victims needing resuscitation and acute critical care.