GLOBAL DIAGNOSTICS acquired by MEDICA GROUP
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.
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| 10/2020 | INFRATIL | QSCAN GROUP | AUSTRALIA | Radiology |
| 10/2020 | THE VISTRIA GROUP / CENTERBRIDGE PARTNERS | HELP AT HOME | UNITED STATES | Nursing Homes |
| 09/2020 | VAM INVESTMENTS | DEMENEGO | ITALY | Ophthalmology |
REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 5M - 25M EUR
EBITDA range: 0M - 5M EUR
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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