What did Change Healthcare, Inc pay for eRx Network?

Change Healthcare, Inc acquired eRx Network for $212.9M in 2020, equivalent to 3.20x revenue. Target revenue was approximately $67.0M.

What does eRx Network do?

eRx Network is a pharmacy business.

What multiple did Change Healthcare, Inc pay for eRx Network?

3.20x revenue, based on disclosed deal value of $212.9M and disclosed financials.

M&A TRANSACTION · 2020

eRx Network acquired by Change Healthcare, Inc

$212.9M· 3.20x revenue

Target

eRx Network

Acquirer

Change Healthcare, Inc

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$67.0M

EBITDA

—

Deal Value

$212.9M

EV/EBITDA

—

Context

This $212.9M acquisition of eRx Network by Change Healthcare, Inc sits in the pharmacy sub-vertical. Change Healthcare, Inc is acquiring as a strategic buyer; see how strategic acquirers typically price pharmacy businesses on our Pharmacy 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

Value your own pharmacy

Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.

Compare your business to the eRx Network acquisition.

Citation: ExitValue.ai. (2020). eRx Network acquired by Change Healthcare, Inc. https://exitvalue.ai/deals/erx-network-acquired-by-change-healthcare-inc-hc-2020-0128