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M&A TRANSACTION · 2018

Verus Healthcare, Inc. acquired by AdaptHealth Corp.

$102.8M· 11.0x EBITDA· 1.60x revenue

Target

Verus Healthcare, Inc.

Acquirer

AdaptHealth Corp.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$65.3M

EBITDA

$9.3M

Deal Value

$102.8M

EV/EBITDA

11.0x

Context

This $102.8M acquisition of Verus Healthcare, Inc. by AdaptHealth Corp. sits in the durable medical equipment sub-vertical. The 11.0x EBITDA multiple paid in 2018 can be compared against the population median for durable medical equipment transactions of similar size on our Durable Medical Equipment valuation hub. AdaptHealth Corp. is acquiring as a strategic buyer; see how strategic acquirers typically price durable medical equipment businesses on our Durable Medical Equipment strategic buyer-pool page.

Source

Data sourced from SEC filings. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2018). Verus Healthcare, Inc. acquired by AdaptHealth Corp.. https://exitvalue.ai/deals/verus-healthcare-inc-acquired-by-adapthealth-corp-hc-2018-0170