mynth
← DATABASE
02/2026

DAREN TECHNOLOGY acquired by CIMG

CHINA Life Sciences / Pharma & Biotech / R&D Biotech EV 20M - 50M USD

Context

CIMG, through its subsidiary DZR, signed an agreement to acquire 100% of Daren Technology for approximately $40M in stock. The transaction features a highly structured Phased Payment consideration (6%, 14%, 28%, and 52%) released over 3.5 years. This earn-out structure is strictly tied to Daren achieving aggressive audited revenue targets, starting at $29M in 2026 and scaling to $257M by September 2029. This structure ensures alignment between the acquisition cost and the realized growth of the target's biopharmaceutical activities.

DAREN TECHNOLOGY, which reported an EBITDA margin of in 2026, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.6x).

-> Deep-dive in Healthcare & Pharma market trends

Target

Daren Technology is a specialized firm in the biopharmaceutical sector, focused on technological innovation and model integration within the drug development value chain. It serves as a new growth engine for diversified Corporate groups looking to enter high-growth life sciences markets.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2026
2025

Similar deals in Life Sciences

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
03/2026SIPAREXWINNCAREFRANCEMedical Devices
03/2026RESONETICSRESOLUTION MEDICALUNITED STATESMedical Devices
02/2026VIVO CAPITALDUTSCHERFRANCEMedical Consumables
02/2026IMA GROUPPROSYSIRELANDMedical Devices
02/2026NORD HOLDINGHALLMARQ VETERINARY IMAGINGUNITED KINGDOMDiagnostic Equipment
01/2026YOTTA CAPITALVILLARDFRANCEMedical Consumables
01/2026FAGRONUNIVERSITY COMPOUNDING PHARMACY (UCP)UNITED STATESCompounding
12/2025CHARTERHOUSEWINBACKFRANCEMedical Devices
11/2025ANJAC BEAUTY & HEALTHHEALTH CHAIN GROUP (HCG)SLOVENIACDMO
11/2025PFIZERMETSERAUNITED STATESR&D Biotech

REFERENCES

Valuation range: EV 20M - 50M USD

Revenue range: 10M - 30M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of DAREN TECHNOLOGY by CIMG 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.