At what enterprise value was EVERLIGHT RADIOLOGY acquired in 2021?

During the acquisition of EVERLIGHT RADIOLOGY by LIVINGBRIDGE in 2021, the transaction's Enterprise Value is estimated to be in the range of AUD 500M–1.5bn.

What was the EV/EBITDA of EVERLIGHT RADIOLOGY when it was acquired by LIVINGBRIDGE?

The estimated EV/EBITDA multiple for EVERLIGHT RADIOLOGY is in the range of 10x - 18x.

When was EVERLIGHT RADIOLOGY acquired by LIVINGBRIDGE?

EVERLIGHT RADIOLOGY was acquired by LIVINGBRIDGE in 2021.

What was the EBITDA of EVERLIGHT RADIOLOGY during the acquisition?

EVERLIGHT RADIOLOGY's EBITDA is estimated to be in the range of AUD 25–50M.

How is the data for the EVERLIGHT RADIOLOGY acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the EVERLIGHT RADIOLOGY deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://pe-insights.com/livingbridge-swoops-on-everlight-radiology-signs-500m-plus-deal/

What is the average EV/EBITDA multiple for the Healthcare & Pharma sector in 2026?

The average EV/EBITDA multiple for the Healthcare & Pharma sector in 2026 is 14.3x.

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Home Database Healthcare & PharmaEVERLIGHT RADIOLOGY

09/2021

EVERLIGHT RADIOLOGY acquired by LIVINGBRIDGE

UNITED KINGDOM Health Providers / Outpatient Care / Radiology EV AUD 500M–1.5bn

Context

Livingbridge has announced the acquisition of a stake in Everlight Radiology, a world-renowned teleradiology provider, from Intermediate Capital Group (ICG), a global alternative asset manager. This secondary LBO transaction provides the technology-enabled healthcare platform with a new premier institutional sponsor to back its next international growth chapter.

EVERLIGHT RADIOLOGY, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a level close to the average currently observed in the Healthcare & Pharma sector (14.3x).

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Target

Everlight Radiology is a premier global technology-enabled teleradiology platform specializing in emergency (vrad) and routine diagnostic reporting services. Established in 2006 and operating out of hubs in the UK, Australia, New Zealand, and Ireland, the company serves as a mission-critical infrastructure partner for public hospital networks (such as the UK's NHS) and private healthcare operators. Its highly defensible business model centers on a proprietary global "follow-the-sun" operational framework. By leveraging a vast cloud-based network of accredited, consultant--level radiologists stationed across different time zones, Everlight delivers rapid, high-fidelity scan interpretations 24/7/365, effectively converting urgent night-time hospital requests into daytime working hours for remote specialists.

Ent. Value

AUD 500M–1.5bn

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (AUD)

Year

Rev

EBITDA

EBIT

2023

2022

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07/2021	EQT PARTNERS	BLIKK GROUP	GERMANY	Radiology
07/2021	CERBA HEALTHCARE	LIFEBRAIN	ITALY	Labs (Biology)
07/2021	EQT PARTNERS	MEINE RADIOLOGIE	GERMANY	Radiology
05/2021	INFRATIL	PACIFIC RADIOLOGY GROUP	NEW ZEALAND	Radiology
04/2021	ICG / MANAGEMENT & PRIVATE INVESTORS	DOMUSVI	FRANCE	Nursing Homes

REFERENCES

Valuation range: EV AUD 500M–1.5bn

EBITDA range: AUD 25–50M

EV/EBITDA range: 10x - 18x

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

Target: everlight radiology

Acquirer: livingbridge