ACQUIRED · 2022
Who Acquired Physician Partners?
Kinderhook Industries · $2.70B· 22.5× EBITDA
The acquisition
Physician Partners was acquired by Kinderhook Industries in 2022 for $2.70B. The deal was priced at 22.5× EBITDA / 3.30× revenue.
Physician Partners at time of acquisition
Revenue
$830.0M
EBITDA
$120.0M
Deal value
$2.70B
EV / EBITDA
22.5×
Other acquisitions by Kinderhook Industries
Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.
- Long's Drugs/PharMedQuest · 2019 · $390.0M · 9.8× EBITDA
Similar medical practice primary care acquisitions
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- Evolent Care Partners · acquired by Privia Health Group, Inc. in 2025 · $94.2M
- Integrated Medical Services, Inc. · acquired by Privia Health Group, Inc. in 2025 · $95.0M
- Lagaay Medical Group · acquired by Universal Marine Medical Supply International in 2025 · $45.9M
Run a valuation for a similar medical practice primary care business
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Sourced from Bond market research and press reporting. Full deal page.
Citation: ExitValue.ai. (2022). Physician Partners acquired by Kinderhook Industries. https://exitvalue.ai/acquired/physician-partners