M&A TRANSACTION · 2023
X-Ray Cassette Repair Company Inc. (Reina Imaging) acquired by ADDvise Group
$14.8M· 7.7x EBITDA· 1.60x revenue
Target
X-Ray Cassette Repair Company Inc. (Reina Imaging)
Acquirer
ADDvise Group
Strategic buyer
Disclosed financials at time of acquisition
Revenue
$9.1M
EBITDA
$1.9M
Deal Value
$14.8M
EV/EBITDA
7.7x
Context
This $14.8M acquisition of X-Ray Cassette Repair Company Inc. (Reina Imaging) by ADDvise Group sits in the medical devices sub-vertical. The 7.7x EBITDA multiple paid in 2023 can be compared against the population median for medical devices transactions of similar size on our Medical Devices valuation hub. ADDvise Group is acquiring as a strategic buyer; see how strategic acquirers typically price medical devices businesses on our Medical Devices strategic buyer-pool page.
Source
Data sourced from Press release. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
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