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07/2021

INTECH MEDICAL acquired by MONTAGU PRIVATE EQUITY

FRANCE Life Sciences / Medical Devices / Implants & Prosthetics EV 500M - 1.5b EUR

Context

Intech Medical, a global leader in the manufacturing of orthopedic surgical instruments and implants, has entered into an agreement to be acquired by Montagu Private Equity. The transaction marks the exit of Eurazeo (specifically its mid-cap subsidiary) and Andera Partners, who have held a majority stake in the French group since 2017.

INTECH MEDICAL, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (14.3x).

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Target

Intech (In'Tech Medical) is a premier global contract design and manufacturing organization (CDMO) specialized in the orthopedic medical device industry. Founded in 1999 and headquartered in Rang-du-Fliers, France, the company serves as a mission-critical partner for major medical technology OEMs across the Spine, Trauma, Knee, Hip, and Sports Medicine sectors. Powered by over 1,200 employees across 9 state-of-the-art facilities in Europe, the US, and Asia, Intech’s extensive capabilities span from prototype design to large-scale manufacturing of complex surgical instruments, cutting tools, implants, silicone handles, and sterilization trays, alongside its smart asset-tracking IoMT division, SMADE.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

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07/2021PARTNERS GROUPPHARMATHENGREECECDMO
04/2021NAXICAP PARTNERSLAGARRIGUEFRANCEImplants & Prosthetics
04/2021DIASORINLUMINEX CORPORATIONUNITED STATESDiagnostic Equipment
03/2021CVCCOOPER-VEMEDIAFRANCEGenerics / Labs
02/2021SIPAREXWINNCAREFRANCEMedical Devices
02/2021IK PARTNERSInnovad GroupBELGIUMAnimal Health
01/2021ARDIAN / BNP PARIBAS DEVELOPPEMENTPROTEORFRANCEImplants & Prosthetics

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 100M - 200M EUR

EBITDA range: 25M - 50M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INTECH MEDICAL by MONTAGU PRIVATE EQUITY 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: intech medical

Acquirer: montagu private equity