At what enterprise value was ALLIANCE MEDICAL acquired in 2023?

You can find the full valuation details of ALLIANCE MEDICAL on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Healthcare & Pharma industry currently tracks an average EBITDA multiple of 15.6x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ALLIANCE MEDICAL when it was acquired by ICON INFRASTRUCTURE?

The exact EV/EBITDA multiple for ALLIANCE MEDICAL is available on mynth capital. For comparison, the Healthcare & Pharma sector currently shows an average EBITDA multiple of 15.6x. Join our community for free to access full valuation data and industry trends.

When was ALLIANCE MEDICAL acquired by ICON INFRASTRUCTURE?

ALLIANCE MEDICAL was acquired by ICON INFRASTRUCTURE in 2023.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ALLIANCE MEDICAL acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ALLIANCE MEDICAL deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.aoshearman.com/en/news/ao-advises-life-healthcare-on-the-sale-of-alliance-medical-group-to-icon-infrastructure

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Home Database Healthcare & PharmaALLIANCE MEDICAL

10/2023

ALLIANCE MEDICAL acquired by ICON INFRASTRUCTURE

UNITED KINGDOM Providers & Facilities / Outpatient Care / Radiology EV 500M - 1.5b GBP

Context

Life Healthcare has agreed to sell 100% of Alliance Medical Group to iCON Infrastructure in a major cross-border carve-out. The transaction allows Life Healthcare, a South African hospital operator, to monetize its European assets and return capital to shareholders, while retaining its separate R&D division (Life Molecular Imaging). For iCON, the acquisition represents a strategic entry into the healthcare infrastructure space. The investment thesis treats diagnostic imaging networks as "critical infrastructure" essential for national health systems, offering stable cash flows and resilience against economic cycles. iCON plans to support the management team in expanding the network of scanning centers and radiopharmacy facilities.

In the past, Alliance Medical was acquired by Life Healthcare in 2016 as part of its expansion strategy.

ALLIANCE MEDICAL, which reported an EBITDA margin of in 2022, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.6x).

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Target

Alliance Medical is Europe’s leading independent provider of medical imaging services, specializing in outsourced diagnostic solutions for both public and private healthcare systems. Headquartered in the UK, the company operates an extensive pan-European network of over 200 sites across countries including the UK, Italy, Germany, Ireland, and Spain. Its business model is built on long-term, mission-critical partnerships (notably as a Tier 1 partner to the NHS) where it provides MRI, CT, PET-CT, and molecular imaging services through fixed centers and a fleet of high-tech mobile units. The organization integrates the entire imaging value chain, from infrastructure development to clinical service delivery and radiopharmaceutical production.

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Other operations with ALLIANCE MEDICAL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
11/2016	LIFE HEALTHCARE	ALLIANCE MEDICAL	UNITED KINGDOM	Radiology

REFERENCES

Valuation range: EV 500M - 1.5b GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ALLIANCE MEDICAL by ICON INFRASTRUCTURE 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: alliance medical

Acquirer: icon infrastructure