APPERTON acquired by EVOLEM
Context
A French healthcare player specializing in the sterilization of reusable medical equipment has restructured its capital through a secondary MBO. Operating as a mission-critical infrastructure partner within the healthcare sector, the company commands high barriers to entry rooted in stringent clinical regulations and non-discretionary hospital decontamination mandates.
APPERTON, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Healthcare & Pharma sector (14.8x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
Apperton is the French leader in the outsourcing of medical device sterilization services for hospitals, private clinics, and medical laboratories. Headquartered in Saint-Priest (near Lyon), the company operates as a critical link in the healthcare supply chain, ensuring that surgical instruments and reusable medical devices (DMR) are decontaminated and sterile for patient safety. Its business model offers two main delivery modes: In Situ (managing the sterilization unit directly within the client's hospital) and Ex Situ (transporting instruments to one of Apperton’s 14 specialized regional centers).
Ent. Value
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Multiples
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 50M - 150M EUR
Revenue range: 25M - 50M EUR
EBITDA range: 5M - 25M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Target: apperton
Acquirer: evolem