ExitValue.ai

M&A TRANSACTION · 2023

Neovasc Inc. acquired by Shockwave Medical, Inc.

$100.0M· 26.30x revenue

Target

Neovasc Inc.

Acquirer

Shockwave Medical, Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$3.8M

EBITDA

Deal Value

$100.0M

EV/EBITDA

Context

This $100.0M acquisition of Neovasc Inc. by Shockwave Medical, Inc. sits in the medical devices sub-vertical. Shockwave Medical, Inc. is acquiring as a strategic buyer; see how strategic acquirers typically price medical devices businesses on our Medical Devices strategic buyer-pool page.

Source

Data sourced from Press releases and earnings 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. (2023). Neovasc Inc. acquired by Shockwave Medical, Inc.. https://exitvalue.ai/deals/neovasc-inc-acquired-by-shockwave-medical-inc-hc-2023-0053