What did electroCore pay for NeuroMetrix, Inc.?

electroCore acquired NeuroMetrix, Inc. for $9.0M in 2024, equivalent to 2.70x revenue. Target revenue was approximately $3.3M.

What does NeuroMetrix, Inc. do?

NeuroMetrix, Inc. is a medical devices business.

What multiple did electroCore pay for NeuroMetrix, Inc.?

2.70x revenue, based on disclosed deal value of $9.0M and disclosed financials.

M&A TRANSACTION · 2024

NeuroMetrix, Inc. acquired by electroCore

$9.0M· 2.70x revenue

Target

NeuroMetrix, Inc.

Acquirer

electroCore

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$3.3M

EBITDA

—

Deal Value

$9.0M

EV/EBITDA

—

Context

This $9.0M acquisition of NeuroMetrix, Inc. by electroCore sits in the medical devices sub-vertical. electroCore 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

Value your own medical devices

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

Compare your business to the NeuroMetrix, Inc. acquisition.

Citation: ExitValue.ai. (2024). NeuroMetrix, Inc. acquired by electroCore. https://exitvalue.ai/deals/neurometrix-inc-acquired-by-electrocore-hc-2024-0018