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M&A TRANSACTION · 2019

Advanced Diagnostics Group acquired by Akumin, Inc.

$216.0M· 7.1x EBITDA

Target

Advanced Diagnostics Group

Acquirer

Akumin, Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

EBITDA

$30.3M

Deal Value

$216.0M

EV/EBITDA

7.1x

Context

This $216.0M acquisition of Advanced Diagnostics Group by Akumin, Inc. sits in the imaging center sub-vertical. The 7.1x EBITDA multiple paid in 2019 can be compared against the population median for imaging center transactions of similar size on our Imaging Center valuation hub. Akumin, Inc. is acquiring as a strategic buyer; see how strategic acquirers typically price imaging center businesses on our Imaging Center 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. (2019). Advanced Diagnostics Group acquired by Akumin, Inc.. https://exitvalue.ai/deals/advanced-diagnostics-group-acquired-by-akumin-inc-hc-2019-0151