What did Better Choice Company, Inc. pay for SRx Health?

Better Choice Company, Inc. acquired SRx Health for $125.0M in 2024 (14.9x EBITDA), equivalent to 1.10x revenue. Target revenue was approximately $119.3M. Target EBITDA was approximately $8.4M.

What does SRx Health do?

SRx Health is a pharmacy business.

What multiple did Better Choice Company, Inc. pay for SRx Health?

14.9x EBITDA and 1.10x revenue, based on disclosed deal value of $125.0M and disclosed financials.

M&A TRANSACTION · 2024

SRx Health acquired by Better Choice Company, Inc.

$125.0M· 14.9x EBITDA· 1.10x revenue

Target

SRx Health

Acquirer

Better Choice Company, Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$119.3M

EBITDA

$8.4M

Deal Value

$125.0M

EV/EBITDA

14.9x

Context

This $125.0M acquisition of SRx Health by Better Choice Company, Inc. sits in the pharmacy sub-vertical. The 14.9x EBITDA multiple paid in 2024 can be compared against the population median for pharmacy transactions of similar size on our Pharmacy valuation hub. Better Choice Company, 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 releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

Value your own pharmacy

Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.

Compare your business to the SRx Health acquisition.

Citation: ExitValue.ai. (2024). SRx Health acquired by Better Choice Company, Inc.. https://exitvalue.ai/deals/srx-health-acquired-by-better-choice-company-inc-hc-2024-0023