AFFIDEA acquired by GROUPE BRUXELLES LAMBERT
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).
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 1b - 4b EUR
Revenue range: 450M - 900M EUR
EBITDA range: 100M - 200M EUR
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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