mynth
04/2022

AFFIDEA acquired by GROUPE BRUXELLES LAMBERT

NETHERLANDS Health Providers / Outpatient Care / Radiology EV 1b - 4b EUR

Context

The Brussels Lambert Group (GBL) has finalized the acquisition of a majority stake in Affidea, the European leader in diagnostic imaging and outpatient care, from B-FLEXION (family office), which is exiting the investment after eight years. The transaction is structured as a secondary LBO in which the current management team has reinvested a significant portion of its proceeds alongside GBL to ensure alignment of interests. This buyout marks a major step in the strategic rotation of GBL's portfolio, significantly increasing its exposure to private assets at the expense of its historic listed holdings.

AFFIDEA, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.6x).

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Target

Founded in 1991, Affidea is Europe's leading provider of diagnostic imaging, outpatient care, and oncology services. The group operates 320 centers in 15 countries, welcoming more than 10 million patients per year. It is recognized for its clinical excellence (more than 50% of its centers are “Eurosafe Star” certified in Europe).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AFFIDEA by GROUPE BRUXELLES LAMBERT are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: affidea

Acquirer: groupe bruxelles lambert