mynth
← DATABASE
08/2024

BROOKWOOD BAPTIST HEALTH SERVICES acquired by ORLANDO HEALTH

UNITED STATES Health Providers / Healthcare Facilities / Clinics / Hospitals EV 1b - 4b USD

Context

Orlando Health signed a definitive agreement to acquire Tenet Healthcare's majority interest in Baptist Health, the faith-based integrated health system operating across Central Alabama. Upon closing, Orlando Health will become the majority and managing partner of Baptist Health, assuming day-to-day operational management of the system in partnership with Baptist Health System, which retains its minority stake and continues to anchor the organisation's faith-based mission. At the time of the transaction, the system comprised five hospitals across Central Alabama with more than 1,700 beds, over 70 primary and specialty care clinics, approximately 1,500 affiliated physicians, and more than 7,300 employees.

BROOKWOOD BAPTIST HEALTH SERVICES, which reported an EBITDA margin of LOGIN in 2023, 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.

-> Deep-dive in Healthcare & Pharma market trends

Target

Baptist Health is a faith-based integrated healthcare system operating across Central Alabama, formed in 2015 following a merger between Tenet Healthcare and Baptist Health System. The business serves as a major healthcare provider in the Birmingham, Alabama metropolitan area and broader Central Alabama region, delivering a comprehensive range of inpatient and outpatient medical services.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2023
LOGIN
LOGIN
LOGIN
2022
LOGIN
LOGIN
LOGIN

Similar deals in Healthcare & Pharma

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
10/2024MONTEFIORE INVESTMENTDEMENEGOITALYHealth Providers

Montefiore Investment acquired a majority stake in Demenego from Vam Investments. This secondary LBO follows a highly successful four-year period of ownership by the seller, during which the company more than doubled its revenue and expanded its retail network from 15 to 39 stores

10/2024QUALIUMIMPC (IMAGERIE MEDICALE PARIS CENTRE)FRANCEHealth Providers

Qualium Investissement is acquiring a 25% minority stake in IMPC from its associate radiologists. This primary LBO transaction follows a strategic period of reflection during which the founding doctors chose to maintain operational and capital control of their group rather than pursuing a majority sale

06/2024INTEGRAL DIAGNOSTICS LIMITEDCAPITOL HEALTH LIMITEDAUSTRALIAHealth Providers

Integral Diagnostics acquired 100% of Capitol Health via a Scheme of Arrangement. The transaction was approved by the ACCC after initial concerns, creating a highly synergistic group. The merger consolidates the fragmented Australian radiology market and provides the combined "MergeCo" with significant scale to invest in teleradiology (IDXt) and advanced AI diagnostic technologies

06/2024L-GAM / CAPZA / IDIA CAPITAL INVESTISSEMENTPSV GROUPFRANCEHealth Providers

L-GAM, CAPZA, IDIA Capital Investissement, and Bpifrance are acquiring a minority stake in PSV Group from its associate physicians. The transaction allows for the entry of a consortium of minority financial partners while ensuring that the associate doctors, who remain majority shareholders, retain full operational and strategic control of the group

01/2024ARDIAN / BPIFRANCE / MACSFAPRIUM PHARMACIEFRANCEHealth Providers

Ardian's acquisition of Sagard's majority stake in Healthy Group, the parent company of Aprium Pharmacie, marks the end of a seven-year investment cycle characterized by the institutionalization of the platform and sustained organic growth of over 18% per annum between 2019 and 2023

12/2023ESSLING CAPITALX-RAY PHOCEAFRANCEHealth Providers

X-Ray Phocea, a leading medical imaging group in Southern France, has secured a strategic minority investment from Essling Expansion, alongside Bpifrance and SOFIPACA. Despite this new capital entry, the majority of the group�s shareholding remains in the hands of its 20 associate radiologists, preserving a practitioner-led management model

12/2023ANDERA PARTNERSGROUPE IMAGERIE CARDINETFRANCEHealth Providers

Andera Acto is providing minority financing to Imagerie Cardinet to support its next phase of expansion. The transaction is structured to allow the associate radiologists to maintain a massive majority, representing approximately 95% of the capital

10/2023EQT PARTNERSVETPARTNERSAUSTRALIAHealth Providers

EQT, through its BPEA Fund VIII, agreed to acquire VetPartners from National Veterinary Associates (NVA), a portfolio company of JAB Holding. The transaction represents a major entry for EQT into the ANZ veterinary services market, following its extensive track record with IVC Evidensia in Europe

08/2023QUADRIVIO GROUPTHE PRIVATE CLINIC (TPC)UNITED KINGDOMHealth Providers

Quadrivio Group has acquired a majority stake in The Private Clinic from BlueGem Capital Partners to serve as a platform for its "Silver Economy" strategy. The industrial logic is anchored in the "healthy longevity" megatrend: as the population ages, demand for aesthetic and wellness treatments among the affluent over-50s is booming

08/2023BAIN CAPITALESTIA HEALTHAUSTRALIAHealth Providers

Following a five-month bidding process, Bain Capital has entered into a definitive Scheme Implementation Agreement to acquire 100% of the share capital of Australian aged care operator Estia Health Limited

REFERENCES

Valuation range: EV 1b - 4b USD

EBITDA range: 50M - 100M USD

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

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).

Press release: view release

Target: brookwood baptist health services

Acquirer: orlando health