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M&A

BROOKWOOD BAPTIST HEALTH SERVICES

Acquired by

ORLANDO HEALTH

UNITED STATES Health Providers EV [1b USD - 100b USD] 08/2024

Target

BROOKWOOD BAPTIST HEALTH SERVICES

Acquirer

ORLANDO HEALTH

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.

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

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Equity Value

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Multiples Analysis

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBIT
2024
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2023
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