ExitValue.ai

M&A TRANSACTION · 2019

TogetherHealth Insurance acquired by Health Insurance Innovations Inc.

$110.2M· 11.0x EBITDA

Target

TogetherHealth Insurance

Acquirer

Health Insurance Innovations Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

EBITDA

$10.0M

Deal Value

$110.2M

EV/EBITDA

11.0x

Context

This $110.2M acquisition of TogetherHealth Insurance by Health Insurance Innovations Inc. sits in the healthcare it sub-vertical. The 11.0x EBITDA multiple paid in 2019 can be compared against the population median for healthcare it transactions of similar size on our Healthcare It valuation hub. Health Insurance Innovations Inc. 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. (2019). TogetherHealth Insurance acquired by Health Insurance Innovations Inc.. https://exitvalue.ai/deals/togetherhealth-insurance-acquired-by-health-insurance-innovations-inc-hc-2019-0148