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M&A TRANSACTION · 2018

Premier Urgent Care acquired by Tower Health (fka Reading Health System)

$29.3M· 8.8x EBITDA· 0.70x revenue

Target

Premier Urgent Care

Acquirer

Tower Health (fka Reading Health System)

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$41.3M

EBITDA

$3.3M

Deal Value

$29.3M

EV/EBITDA

8.8x

Context

This $29.3M acquisition of Premier Urgent Care by Tower Health (fka Reading Health System) sits in the urgent care sub-vertical. The 8.8x EBITDA multiple paid in 2018 can be compared against the population median for urgent care transactions of similar size on our Urgent Care valuation hub. Tower Health (fka Reading Health System) is acquiring as a strategic buyer; see how strategic acquirers typically price urgent care businesses on our Urgent Care strategic buyer-pool page.

Source

Data sourced from Audited financial statements. 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). Premier Urgent Care acquired by Tower Health (fka Reading Health System). https://exitvalue.ai/deals/premier-urgent-care-acquired-by-tower-health-fka-reading-health-system-hc-2018-0159