What did Elevance Health Inc. pay for Paragon Healthcare, Inc.?

Elevance Health Inc. acquired Paragon Healthcare, Inc. for $1.20B in 2024 (20.0x EBITDA), equivalent to 1.20x revenue. Target revenue was approximately $1000.0M. Target EBITDA was approximately $60.0M.

What does Paragon Healthcare, Inc. do?

Paragon Healthcare, Inc. is a pharmacy business.

What multiple did Elevance Health Inc. pay for Paragon Healthcare, Inc.?

20.0x EBITDA and 1.20x revenue, based on disclosed deal value of $1.20B and disclosed financials.

M&A TRANSACTION · 2024

Paragon Healthcare, Inc. acquired by Elevance Health Inc.

$1.20B· 20.0x EBITDA· 1.20x revenue

Target

Paragon Healthcare, Inc.

Acquirer

Elevance Health Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$1000.0M

EBITDA

$60.0M

Deal Value

$1.20B

EV/EBITDA

20.0x

Context

This $1.20B acquisition of Paragon Healthcare, Inc. by Elevance Health Inc. sits in the pharmacy sub-vertical. The 20.0x EBITDA multiple paid in 2024 can be compared against the population median for pharmacy transactions of similar size on our Pharmacy valuation hub. Elevance Health Inc. 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 and SEC filings. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2024). Paragon Healthcare, Inc. acquired by Elevance Health Inc.. https://exitvalue.ai/deals/paragon-healthcare-inc-acquired-by-elevance-health-inc-hc-2024-0036