What did JAB Investors pay for Ethos Veterinary Health?

JAB Investors acquired Ethos Veterinary Health for $1.65B in 2021 (27.5x EBITDA). Target EBITDA was approximately $60.0M.

What does Ethos Veterinary Health do?

Ethos Veterinary Health is a veterinary practice business.

What multiple did JAB Investors pay for Ethos Veterinary Health?

27.5x EBITDA, based on disclosed deal value of $1.65B and disclosed financials.

M&A TRANSACTION · 2021

Ethos Veterinary Health acquired by JAB Investors

$1.65B· 27.5x EBITDA

Target

Ethos Veterinary Health

Acquirer

JAB Investors

Disclosed financials at time of acquisition

Revenue

—

EBITDA

$60.0M

Deal Value

$1.65B

EV/EBITDA

27.5x

Context

This $1.65B acquisition of Ethos Veterinary Health by JAB Investors sits in the veterinary practice sub-vertical. The 27.5x EBITDA multiple paid in 2021 can be compared against the population median for veterinary practice transactions of similar size on our Veterinary Practice valuation hub.

Source

Data sourced from Press reporting. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

Value your own veterinary practice

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

Compare your business to the Ethos Veterinary Health acquisition.

Citation: ExitValue.ai. (2021). Ethos Veterinary Health acquired by JAB Investors. https://exitvalue.ai/deals/ethos-veterinary-health-acquired-by-jab-investors-hc-2021-0090