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04/2021

LUMINEX CORPORATION acquired by DIASORIN

UNITED STATES Life Sciences / Medical Devices / Diagnostic Equipment EV $1–10bn

Context

DiaSorin has finalized the acquisition of Luminex Corporation, an operation designed to fundamentally strengthen the group’s competitive positioning within the molecular diagnostics and life sciences sectors. The strategic rationale for this transaction centers on a "technology-integration" play, merging the target's world-class multiplexing platform with the group’s dominant immunodiagnostics infrastructure. This fusion effectively creates a specialized powerhouse in the diagnostic arena, providing the organization with the scientific talent and hardware portfolio required to address the increasing global demand for multi-assay testing panels.

LUMINEX CORPORATION, which reported an EBITDA margin of [members only] in 2020, is valued in this transaction at an EV/EBITDA multiple of Above 20x, representing a premium to the average currently observed in the Healthcare & Pharma sector (14.3x).

-> Deep-dive in Healthcare & Pharma market trends

Target

Luminex Corporation operates as a premier technology organization dedicated to the engineering and distribution of proprietary biological testing technologies. The entity’s business model is centered on its industry-leading xMAP® multiplexing technology, an open-architecture platform that allows for the simultaneous analysis of hundreds of bioassays from a single droplet of fluid. Its value proposition is anchored in technical operational depth, providing both high-throughput molecular diagnostics and extensive life science solutions that support clinical and pharmaceutical research. Strategically, the firm focuses on the mission-critical needs of hospitals and laboratories worldwide, facilitating rapid and efficient understanding of complex diseases at the protein and genomic levels. By maintaining a specialized focus on technical excellence and market-leading expertise in multiplexed assays, the organization ensures a vital role in the structural advancement of precision medicine. The entity prioritizes industrialized analytical standards to facilitate the structural efficiency of diagnostic workflows.

Ent. Value

$1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

Above 20x

EV / EBIT

Above 20x

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2020
$250–500M
$50–100M
$25–50M
2019
$250–500M
$50–100M
$25–50M

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REFERENCES

Valuation range: EV $1–10bn

Revenue range: $250–500M

EBITDA range: $50–100M

EV/Revenue range: 2x - 6x

EV/EBITDA range: Above 20x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LUMINEX CORPORATION by DIASORIN 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.

Press release: view release

Acquirer: diasorin