BROOKWOOD BAPTIST HEALTH SERVICES acquired by 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.
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.
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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.
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Historical Financials (USD)
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REFERENCES
Valuation range: EV 1b - 4b USD
EBITDA range: 50M - 100M USD
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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).
Press release: view release
Target: brookwood baptist health services
Acquirer: orlando health