At what enterprise value was ANTELLIQ acquired in 2018?

During the acquisition of ANTELLIQ by MERCK & CO. in 2018, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b EUR. 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 ANTELLIQ when it was acquired by MERCK & CO.?

The estimated EV/EBITDA multiple for ANTELLIQ is in the range of Above 20x. 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 ANTELLIQ acquired by MERCK & CO.?

ANTELLIQ was acquired by MERCK & CO. in 2018.

What was the revenue of ANTELLIQ at the time of the deal?

The revenue of ANTELLIQ at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ANTELLIQ during the acquisition?

ANTELLIQ's EBITDA is estimated to be in the range of 100M - 200M EUR. Join our community for free to access complete and exact deal data.

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 ANTELLIQ 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 ANTELLIQ 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.bcpartners.com/news/merck-completes-acquisition-of-antelliq-corporation-to-become-leader-in-emerging-digital-technology-for-livestock-and-companion-animals/

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Home Database Healthcare & PharmaANTELLIQ

12/2018

ANTELLIQ acquired by MERCK & CO.

FRANCE Life Sciences / Animal Health EV 3b - 100b EUR

Context

The global life sciences leader has finalized the acquisition of 100% of the share capital of the target from a prominent European private equity firm. This strategic transaction represents a definitive move to incorporate advanced digital capabilities into the group’s specialized animal health division, targeting the high-growth segment of animal intelligence and monitoring. The strategic rationale for the move centers on the acquirer's objective to provide integrated, data-driven health management solutions that complement its existing portfolio of vaccines and medicines. By incorporating this technical specialist, the organization reinforces its ability to offer comprehensive traceability and real-time health insights for livestock and companion animals. The partnership is designed to leverage the acquirer’s global reach and research infrastructure to accelerate the development of next-generation monitoring technologies. This integration facilitates the creation of a premier digital platform in the animal health market, providing the strategic depth required to address the rising demand for food security and enhanced pet longevity.

In the past, the company had already been the subject of several LBOs, notably led by Bc Partners in 2013 and Psp Investments in 2016. These multiple LBO cycles illustrate the strong appeal for this type of asset.

ANTELLIQ, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Healthcare & Pharma sector (15.6x).

-> Deep-dive in Healthcare & Pharma market trends

Target

Antelliq is a specialized technology organization dedicated to the development and deployment of digital identification, traceability, and monitoring solutions for animals. The entity’s business model focuses on providing high-precision hardware and data analytics to facilitate the management of livestock and companion animals. Its value proposition is anchored in enhancing animal welfare and productivity through real-time health and behavioral insights. Strategically, the firm operates at the intersection of veterinary science and digital reality, utilizing proprietary sensors and tracking software to provide actionable data for farmers and veterinarians. By maintaining a leadership position in the global animal intelligence market, the organization ensures a mission-critical role in the agricultural supply chain and pet care ecosystems. The entity emphasizes industrialized reliability to address the increasing demand for food safety and personalized animal care.

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Other operations with ANTELLIQ

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
03/2016	PSP INVESTMENTS	ANTELLIQ	FRANCE	Animal Health
06/2013	BC PARTNERS	ANTELLIQ	FRANCE	Animal Health

REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 250M - 500M 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 ANTELLIQ by MERCK & CO. 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.