At what enterprise value was IVC EVIDENSIA acquired in 2021?

During the acquisition of IVC EVIDENSIA by SILVER LAKE / NESTLE in 2021, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Healthcare & Pharma industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of IVC EVIDENSIA when it was acquired by SILVER LAKE / NESTLE?

The estimated EV/EBITDA multiple for IVC EVIDENSIA is in the range of 15x - 25x. For comparison, the Healthcare & Pharma sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was IVC EVIDENSIA acquired by SILVER LAKE / NESTLE?

IVC EVIDENSIA was acquired by SILVER LAKE / NESTLE in 2021.

What was the revenue of IVC EVIDENSIA at the time of the deal?

The revenue of IVC EVIDENSIA at the time of the deal is estimated to be in the range of 1b - 3b GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of IVC EVIDENSIA during the acquisition?

IVC EVIDENSIA's EBITDA is estimated to be in the range of 450M - 900M GBP. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the IVC EVIDENSIA 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 IVC EVIDENSIA 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://www.unquote.com/uk/official-record/3022819/silver-lake-nestle-lead-eur35bn-investment-in-ivc-evidensia

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Home Database Healthcare & PharmaIVC EVIDENSIA

02/2021

IVC EVIDENSIA acquired by SILVER LAKE & NESTLE

UNITED KINGDOM Health Providers / Outpatient Care / Vet Clinics EV 3b - 100b GBP

Context

Silver Lake and Nestle led a EUR3.5 billion capital investment in IVC Evidensia, significantly increasing the group's valuation. The deal allowed EQT VII to partially exit its position, while EQT IX reinvested to remain the majority shareholder. The transaction served as a private alternative to a previously considered IPO. Silver Lake's entry is designed to accelerate the group's digital transformation, while Nestle's increased stake facilitates deep collaboration between veterinary clinical care and nutritional science. This "pet-tech" and "pet-health" convergence aims to create a data-driven ecosystem for pet owners, enhancing diagnostic accuracy and tailored health solutions across IVC's pan-European network.

IVC EVIDENSIA, 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 (14.4x).

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

IVC Evidensia is Europe s leading veterinary care provider and one of the world s largest animal healthcare networks, operating across more than 20 countries. The group functions through a decentralized operational model that preserves local clinical independence while providing the benefits of a large-scale international support infrastructure. Its network encompasses primary care practices, 24/7 emergency clinics, and advanced specialist referral centers. Beyond clinical medicine, the group integrates a holistic ecosystem of services, including veterinary telemedicine, specialized nutrition, and pharmaceutical distribution.

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Other operations with IVC EVIDENSIA

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2021	IVC EVIDENSIA	VETONE	FRANCE	Health Providers	IVC Evidensia acquired VetOne in a preemptive move to consolidate its leadership in the French market. The deal successfully bypassed a planned auction process due to a high-premium offer. The transaction provided an exit for VetOne's shareholders, including the founder, practicing veterinarians, and various private investors. The strategic rationale was to integrate VetOne's 51 clinics with IVC's existing French footprint, creating a dominant national player. The investment thesis is supported by low market consolidation in France and significant upside in ancillary services such as pet insurance, specialized medication, and premium pet food sales.

REFERENCES

Valuation range: EV 3b - 100b GBP

Revenue range: 1b - 3b GBP

EBITDA range: 450M - 900M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of IVC EVIDENSIA by SILVER LAKE / NESTLE are reserved for mynth community members. Register for free to unlock full data.

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).

Acquirer: silver lake