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LABEXA

Acquired by

CERBA HEALTHCARE

FRANCE Health Providers EV [100m EUR - 500m EUR] 11/2021

Target

LABEXA

Acquirer

CERBA HEALTHCARE

Context

Cerba HealthCare acquired Labexa following a competitive auction process managed by Oddo BHF, beating out its main rival Biogroup. The acquisition allows Cerba to significantly strengthen its footprint in the French "Nouvelle-Aquitaine" region. The transaction followed Cerba's massive EUR1.2 billion acquisition of Lifebrain in Italy and was finalized shortly after Cerba's own LBO with EQT. The target's biologist-partners opted for an industrial exit to join a major laboratory network.

LABEXA, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the 12.8x average currently observed in the Healthcare & Pharma sector.

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

Labexa is a leading medical biology group in the Nouvelle-Aquitaine region, formed through the successive merger of several networks (Exalab, LBA, Sealab, and Accolab Sud-Ouest). It operates 94 sites with 1,000 employees across seven departments in southwestern France. In 2020, the group generated approximately EUR120 million in revenue.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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EBITDA
EBIT
2020
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2019
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Other operations with LABEXA

mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.