ExitValue.ai

M&A TRANSACTION · 2021

SmartMeds Pharmacy Inc. acquired by CareRx Corporation

$7.4M· 4.9x EBITDA· 0.60x revenue

Target

SmartMeds Pharmacy Inc.

Acquirer

CareRx Corporation

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$13.0M

EBITDA

$1.5M

Deal Value

$7.4M

EV/EBITDA

4.9x

Context

This $7.4M acquisition of SmartMeds Pharmacy Inc. by CareRx Corporation sits in the pharmacy sub-vertical. The 4.9x EBITDA multiple paid in 2021 can be compared against the population median for pharmacy transactions of similar size on our Pharmacy valuation hub. CareRx Corporation 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 releases and 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. (2021). SmartMeds Pharmacy Inc. acquired by CareRx Corporation. https://exitvalue.ai/deals/smartmeds-pharmacy-inc-acquired-by-carerx-corporation-hc-2021-0108