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11/2020

GLOBAL DIAGNOSTICS acquired by MEDICA GROUP

IRELAND Health Providers / Outpatient Care / Radiology EV 10M - 30M EUR

Context

Global Diagnostics Ireland, which operates around 50 clinical centers across Ireland, has been acquired by Medica Group. For Medica, this acquisition represents a diversification of its customer base and geographic activities, as well as entry into a new market: ophthalmology and retinopathy screening.

GLOBAL DIAGNOSTICS, which reported an EBITDA margin of in 2019, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.6x).

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Target

Global Diagnostics Ireland functions as a high-fidelity diagnostic partnership platform, specializing in the delivery of managed radiology and teleradiology services to both public and private healthcare sectors. The organization operates a sophisticated technical infrastructure that encompasses plain film, ultrasound, CT, and MRI managed-service solutions across dozens of clinical sites. Rather than offering generic diagnostic support, the firm utilizes its specialized technical operational depth to manage high-stakes national screening initiatives, particularly for diabetic retinopathy. Its strategy is anchored in being an embedded clinical partner for the Irish Health Service Executive (HSE), utilizing a network of certified specialist radiologists to mitigate the systemic undersupply of regional diagnostic talent. The entity facilitates the transition of complex clinical imaging into a streamlined, tech-enabled reporting workflow, ensuring that critical diagnostic data is accessible and actionable for hospital teams.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2019
2018

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REFERENCES

Valuation range: EV 10M - 30M EUR

Revenue range: 5M - 25M EUR

EBITDA range: 0M - 5M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GLOBAL DIAGNOSTICS by MEDICA GROUP 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

Acquirer: medica group