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M&A TRANSACTION · 2021

Advanced Diagnostic Laboratory acquired by EKF Diagnostics Holdings

$10.9M· 2.1x EBITDA· 0.86x revenue

Target

Advanced Diagnostic Laboratory

Acquirer

EKF Diagnostics Holdings

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$12.6M

EBITDA

$5.2M

Deal Value

$10.9M

EV/EBITDA

2.1x

Context

This $10.9M acquisition of Advanced Diagnostic Laboratory by EKF Diagnostics Holdings sits in the laboratory services sub-vertical. The 2.1x EBITDA multiple paid in 2021 can be compared against the population median for laboratory services transactions of similar size on our Laboratory Services valuation hub. EKF Diagnostics Holdings is acquiring as a strategic buyer; see how strategic acquirers typically price laboratory services businesses on our Laboratory Services strategic buyer-pool page.

Source

Data sourced from Financial statements and press releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2021). Advanced Diagnostic Laboratory acquired by EKF Diagnostics Holdings. https://exitvalue.ai/deals/advanced-diagnostic-laboratory-acquired-by-ekf-diagnostics-holdings-hc-2021-0086