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M&A TRANSACTION · 2019

Long's Drugs/PharMedQuest acquired by Kinderhook Industries

$390.0M· 9.8x EBITDA

Target

Long's Drugs/PharMedQuest

Acquirer

Kinderhook Industries

Strategic buyer

Disclosed financials at time of acquisition

Revenue

EBITDA

$40.0M

Deal Value

$390.0M

EV/EBITDA

9.8x

Context

This $390.0M acquisition of Long's Drugs/PharMedQuest by Kinderhook Industries sits in the pharmacy sub-vertical. The 9.8x EBITDA multiple paid in 2019 can be compared against the population median for pharmacy transactions of similar size on our Pharmacy valuation hub. Kinderhook Industries 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 reporting. 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). Long's Drugs/PharMedQuest acquired by Kinderhook Industries. https://exitvalue.ai/deals/longs-drugspharmedquest-acquired-by-kinderhook-industries-hc-2019-0137