Biogix, Inc. acquired by Alliance Pharma plc
Alliance Pharma plc acquired Biogix, Inc., a vitamins & supplements brand, on Dec 29, 2020.
Transaction summary
- Target
- Biogix, Inc.
- Acquirer
- Alliance Pharma plc
- Seller
- -
- Announced
- 2020-12-29
- Completed
- 2020-12-29
- Geography
- -
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- -
- First added
- 2026-07-13
- Latest update
- 2026-11-01
Value and multiples
100% enterprise value
USD 110M
100% enterprise value | USD
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
5x
Period: FY2019
Basis: Derived from source data
EV / EBITDA
15.7x
EBITDA: normalised / adjusted
Basis: Derived from source data
Basis
- Alliance Pharma bought Biogix, which sells Amberen menopause relief products, on 29 December 2020 for US$110m in cash plus customary adjustments. Audited FY2019 sales of US$22m give 5.0x revenue. Expected FY2020 management-adjusted EBITDA of about US$7m gives 15.7x EBITDA. The revenue and EBITDA periods differ; forecast annualised 2020 sales were about US$27m.
Source summary
Alliance Pharma plc: Acquisition of Biogix Inc
Confirmedit has today completed the acquisition of 100% of the share capital of Biogix Inc
Open sourceAlliance Pharma plc: Acquisition of Biogix Inc
Confirmeda management-adjusted EBITDA expected to be approximately US$7 million
Open sourceThorne HealthTech Schedule 14D-9/A
EstimatedCanaccord Genuity's selected precedent transactions (US$ in millions) list December 2020, Alliance Pharma plc and Biogix, Inc.: implied TEV $110, TEV / LTM Adjusted EBITDA 15.7x.
Open sourceContinue your research
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