M&A TRANSACTION · 2023
Axelerist, Inc. acquired by ADDvise Group AB
$29.4M· 6.5x EBITDA· 3.40x revenue
Target
Axelerist, Inc.
Acquirer
ADDvise Group AB
Strategic buyer
Disclosed financials at time of acquisition
Revenue
$8.7M
EBITDA
$4.5M
Deal Value
$29.4M
EV/EBITDA
6.5x
Context
This $29.4M acquisition of Axelerist, Inc. by ADDvise Group AB sits in the laboratory services sub-vertical. The 6.5x EBITDA multiple paid in 2023 can be compared against the population median for laboratory services transactions of similar size on our Laboratory Services valuation hub. ADDvise Group AB 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 Press releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
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