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 in 2023, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (14.5x).

-> 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

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2023
2022

Similar deals in Health Providers

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
10/2024MONTEFIORE INVESTMENTDEMENEGOITALYOphthalmology
10/2024QUALIUMIMPC (IMAGERIE MEDICALE PARIS CENTRE)FRANCERadiology
06/2024INTEGRAL DIAGNOSTICS LIMITEDCAPITOL HEALTH LIMITEDAUSTRALIARadiology
06/2024L-GAM / CAPZA / IDIA CAPITAL INVESTISSEMENTPSV GROUPFRANCERadiology
01/2024ARDIAN / BPIFRANCE / MACSFAPRIUM PHARMACIEFRANCEPharmacy
12/2023ESSLING CAPITALX-RAY PHOCEAFRANCERadiology
12/2023ANDERA PARTNERSGROUPE IMAGERIE CARDINETFRANCERadiology
10/2023EQT PARTNERSVETPARTNERSAUSTRALIAVet Clinics
08/2023QUADRIVIO GROUPTHE PRIVATE CLINIC (TPC)UNITED KINGDOMAesthetic & Cosmetic Clinics
08/2023BAIN CAPITALESTIA HEALTHAUSTRALIANursing Homes

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: brookwood baptist health services

Acquirer: orlando health