M&A TRANSACTION · 2022
Secure Nursing Service, Inc. acquired by Kingsway Financial Services Inc.
$10.9M· 4.0x EBITDA· 0.60x revenue
Target
Secure Nursing Service, Inc.
United States and Canada
Acquirer
Kingsway Financial Services Inc.
Strategic buyer
Disclosed financials at time of acquisition
Revenue
$19.7M
EBITDA
$2.7M
Deal Value
$10.9M
EV/EBITDA
4.0x
Context
This $10.9M acquisition of Secure Nursing Service, Inc. by Kingsway Financial Services Inc. sits in the healthcare staffing sub-vertical. The 4.0x EBITDA multiple paid in 2022 can be compared against the population median for healthcare staffing transactions of similar size on our Healthcare Staffing valuation hub. Kingsway Financial Services Inc. is acquiring as a strategic buyer; see how strategic acquirers typically price healthcare staffing businesses on our Healthcare Staffing strategic buyer-pool page.
Source
Data sourced from SEC filings and press releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
Value your own healthcare staffing
Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.
Compare your business to the Secure Nursing Service, Inc. acquisition.