INTECH MEDICAL acquired by MONTAGU PRIVATE EQUITY
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 LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Healthcare & Pharma sector (14.8x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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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.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 500M - 1.5b EUR
Revenue range: 100M - 200M EUR
EBITDA range: 25M - 50M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Target: intech medical
Acquirer: montagu private equity