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M&A TRANSACTION · 2019

Empire State Ambulatory Surgery Center acquired by Surgicore 5th Avenue

$10.4M· 29.4x EBITDA· 1.40x revenue

Target

Empire State Ambulatory Surgery Center

Acquirer

Surgicore 5th Avenue

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$7.5M

EBITDA

$0.3M

Deal Value

$10.4M

EV/EBITDA

29.4x

Context

This $10.4M acquisition of Empire State Ambulatory Surgery Center by Surgicore 5th Avenue sits in the ambulatory surgery center sub-vertical. The 29.4x EBITDA multiple paid in 2019 can be compared against the population median for ambulatory surgery center transactions of similar size on our Ambulatory Surgery Center valuation hub. Surgicore 5th Avenue is acquiring as a strategic buyer; see how strategic acquirers typically price ambulatory surgery center businesses on our Ambulatory Surgery Center strategic buyer-pool page.

Source

Data sourced from CON filings. 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). Empire State Ambulatory Surgery Center acquired by Surgicore 5th Avenue. https://exitvalue.ai/deals/empire-state-ambulatory-surgery-center-acquired-by-surgicore-5th-avenue-hc-2019-0151