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M&A TRANSACTION · 2018

GE Healthcare Technology Unit (Virence Health) acquired by Veritas Capital

$1.05B· 7.0x EBITDA· 2.40x revenue

Target

GE Healthcare Technology Unit (Virence Health)

Acquirer

Veritas Capital

Private Equity buyer

Disclosed financials at time of acquisition

Revenue

$440.0M

EBITDA

$150.0M

Deal Value

$1.05B

EV/EBITDA

7.0x

Context

This $1.05B acquisition of GE Healthcare Technology Unit (Virence Health) by Veritas Capital sits in the healthcare it sub-vertical. The 7.0x EBITDA multiple paid in 2018 can be compared against the population median for healthcare it transactions of similar size on our Healthcare It valuation hub. Veritas Capital is acquiring as a private equity buyer; see how PE acquirers typically price healthcare it businesses on our Healthcare It PE 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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Citation: ExitValue.ai. (2018). GE Healthcare Technology Unit (Virence Health) acquired by Veritas Capital. https://exitvalue.ai/deals/ge-healthcare-technology-unit-virence-health-acquired-by-veritas-capital-hc-2018-0174