Investment and M&A transaction comps
Healthcare Investment & M&A Transaction Comps
Healthcare services, healthcare IT, medtech, diagnostics, life sciences tools and related healthcare transactions. Pure biotech rows are tracked separately where normal revenue multiples are less meaningful.
| Year | Transactions | Priced | Median EV or valuation / revenue | Median EV or valuation / EBITDA |
|---|---|---|---|---|
| 2026 | 6 | 1 | - | - |
Sortable transaction comps
Healthcare transaction table
Rows with reported value
5 / 16
Acquisition EV, USD
USD 15B
Investment EV, USD
-
Median EV / revenue
4.8x
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Choose transactions from the table to build a quick comparison set.
16 shown of 16 matching transactions. Click any transaction row for more detail.
Values are 100% enterprise values. Multiples divide EV by full-company revenue or EBITDA. Reported prices are assumed to be EV; explicit partial-stake prices are grossed up as estimates. Amounts paid are tracked separately.
| Select for comparison | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BIO-CAT Enzymes & Microbials Control | 2026-07-31 | Lallemand Inc. | Undisclosed | Undisclosed | - | - | United States | Confirmed 1 source | ||
| Avanos Medical, Inc. Control | 2026-07-27 | American Industrial Partners | Undisclosed | Undisclosed | - | - | United States | Confirmed 1 source | ||
| 2026-07-13 | Servier | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | |||
| 2026-07-06 | Altaris LLC | USD 600M Consideration | 600 | - | - | - | Confirmed 1 source | |||
| 2026-05-27 | HCA Healthcare | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | |||
| Tubulis Control | 2026-05-21 | Gilead Sciences | Undisclosed | Undisclosed | - | - | Germany | Confirmed 1 source | ||
| Flexion Therapeutics Control | 2021-10-11 | Pacira BioSciences | Undisclosed | Undisclosed | - | 11.0x | United States | Confirmed 1 source | ||
| Aimmune Therapeutics Control | 2020-08-31 | Sociétés des Produits Nestlé S.A. / Nestlé Health Science | USD 2.6B | 2,600 | - | - | United States | Estimated 1 source | ||
| VCA Inc. Control (100%) | 2017-01-09 | Mars, Incorporated | USD 9.1B Enterprise Value | 9,100 | 3.6x | - | United States | Confirmed 3 sources | ||
| Sofie Biosciences Control | - | GE HealthCare | USD 945M Enterprise Value | 945 | - | - | United States | Confirmed 3 sources | ||
| Vyne Medical Control | - | MRO | Undisclosed | Undisclosed | - | - | United States | Confirmed 2 sources | ||
| - | CoreHealth Technologies | Undisclosed Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | |||
| ITM Isotope Technologies Munich SE Control (100%) | - | Telix Pharmaceuticals Limited | USD 1.6B Enterprise Value | 1,650 | 6.0x | - | Germany | Confirmed 3 sources | ||
| Spire Healthcare portfolio Control | - | Funds managed by Blue Owl Capital | Undisclosed | Undisclosed | - | - | - | Confirmed 1 source | ||
| E-Pharma Trento Control (100%) | - | Wise Equity | Undisclosed | Undisclosed | - | - | Italy | Confirmed 1 source | ||
| Cross Country Healthcare Control | - | Knox Lane | Undisclosed | Undisclosed | - | - | - | Confirmed 1 source |