What did Fortive Corporation pay for ServiceChannel Holdings, Inc.?

Fortive Corporation acquired ServiceChannel Holdings, Inc. for $1.17B in 2021, equivalent to 9.30x revenue. Target revenue was approximately $125.0M.

What does ServiceChannel Holdings, Inc. do?

ServiceChannel Holdings, Inc. is a healthcare it business.

What multiple did Fortive Corporation pay for ServiceChannel Holdings, Inc.?

9.30x revenue, based on disclosed deal value of $1.17B and disclosed financials.

M&A TRANSACTION · 2021

ServiceChannel Holdings, Inc. acquired by Fortive Corporation

$1.17B· 9.30x revenue

Target

ServiceChannel Holdings, Inc.

Acquirer

Fortive Corporation

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$125.0M

EBITDA

—

Deal Value

$1.17B

EV/EBITDA

—

Context

This $1.17B acquisition of ServiceChannel Holdings, Inc. by Fortive Corporation sits in the healthcare it sub-vertical. Fortive Corporation is acquiring as a strategic buyer; see how strategic acquirers typically price healthcare it businesses on our Healthcare It 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

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Citation: ExitValue.ai. (2021). ServiceChannel Holdings, Inc. acquired by Fortive Corporation. https://exitvalue.ai/deals/servicechannel-holdings-inc-acquired-by-fortive-corporation-hc-2021-0089