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M&A TRANSACTION · 2021

Vital Decisions acquired by Evolent Health, Inc.

$117.7M· 23.6x EBITDA· 5.90x revenue

Target

Vital Decisions

Acquirer

Evolent Health, Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$20.0M

EBITDA

$5.0M

Deal Value

$117.7M

EV/EBITDA

23.6x

Context

This $117.7M acquisition of Vital Decisions by Evolent Health, Inc. sits in the healthcare it sub-vertical. The 23.6x EBITDA multiple paid in 2021 can be compared against the population median for healthcare it transactions of similar size on our Healthcare It valuation hub. Evolent Health, 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 investor presentation. 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). Vital Decisions acquired by Evolent Health, Inc.. https://exitvalue.ai/deals/vital-decisions-acquired-by-evolent-health-inc-hc-2021-0086