What did Sonic Healthcare Ltd pay for Diagnosticum?

Sonic Healthcare Ltd acquired Diagnosticum for $207.0M in 2023, equivalent to 2.90x revenue. Target revenue was approximately $70.9M.

What does Diagnosticum do?

Diagnosticum is a laboratory services business.

What multiple did Sonic Healthcare Ltd pay for Diagnosticum?

2.90x revenue, based on disclosed deal value of $207.0M and disclosed financials.

M&A TRANSACTION · 2023

Diagnosticum acquired by Sonic Healthcare Ltd

$207.0M· 2.90x revenue

Target

Diagnosticum

Acquirer

Sonic Healthcare Ltd

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$70.9M

EBITDA

—

Deal Value

$207.0M

EV/EBITDA

—

Context

This $207.0M acquisition of Diagnosticum by Sonic Healthcare Ltd sits in the laboratory services sub-vertical. Sonic Healthcare Ltd 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 release. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2023). Diagnosticum acquired by Sonic Healthcare Ltd. https://exitvalue.ai/deals/diagnosticum-acquired-by-sonic-healthcare-ltd-hc-2023-0049