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05/2018

CORIN GROUP acquired by PERMIRA

UNITED KINGDOM Life Sciences / Medical Devices / Implants & Prosthetics EV 300M - 700M GBP

Context

Permira, the global private equity firm, acquired a majority stake in Corin Group, a UK-based leader in orthopaedic innovation, from a consortium of investors including DeA Capital, Hunt Capital, and IP (Investimenti e Partecipazioni). Permira's thesis was centered on accelerating Corin's international scale—particularly in the US and Australian markets—and fueling an aggressive buy-and-build strategy to integrate digital health and robotic capabilities into the core implant business. This approach aimed to position Corin as a "Challenger OEM" capable of disrupting larger incumbents through superior product innovation and data-driven patient monitoring.

CORIN GROUP, which reported an EBITDA margin of LOGIN in 2017, 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

Corin is an international orthopaedic company that designs, manufactures, and distributes a wide range of joint replacement implants (hip, knee, ankle, and shoulder). It is recognized for its "Connected Orthopaedic Insight" strategy, which integrates clinically proven implants with advanced digital technologies and robotic-assisted surgical platforms to improve patient outcomes and surgical precision.

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Historical Financials (GBP)

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REFERENCES

Valuation range: EV 300M - 700M GBP

Revenue range: 100M - 200M GBP

EBITDA range: 10M - 30M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CORIN GROUP by PERMIRA 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: corin group

Acquirer: permira