At what enterprise value was MEDIAN KLINIKEN acquired in 2014?

During the acquisition of MEDIAN KLINIKEN by WATERLAND in 2014, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

What was the EV/EBITDA of MEDIAN KLINIKEN when it was acquired by WATERLAND?

The estimated EV/EBITDA multiple for MEDIAN KLINIKEN is in the range of 10x - 18x.

When was MEDIAN KLINIKEN acquired by WATERLAND?

MEDIAN KLINIKEN was acquired by WATERLAND in 2014.

What was the revenue of MEDIAN KLINIKEN at the time of the deal?

The revenue of MEDIAN KLINIKEN at the time of the deal is estimated to be in the range of 450M - 900M EUR.

What was the EBITDA of MEDIAN KLINIKEN during the acquisition?

MEDIAN KLINIKEN's EBITDA is estimated to be in the range of 50M - 100M EUR.

How is the data for the MEDIAN KLINIKEN 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 MEDIAN KLINIKEN 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.waterlandpe.com/fr/company/median-group/

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Home Database Healthcare & PharmaMEDIAN KLINIKEN

10/2014

MEDIAN KLINIKEN acquired by WATERLAND

GERMANY Health Providers / Healthcare Facilities / Clinics / Hospitals EV 1b - 4b EUR

Context

Waterland Private Equity agreed to acquire 100% of MEDIAN Kliniken from Advent International and British real estate investor Marcol. Concurrently with the acquisition, Waterland announced its intention to sell MEDIAN's real estate portfolio through a sale-and-leaseback arrangement with a US real estate investor over the following months, effectively separating the operational business from its property assets. Following closing, Waterland planned to merge MEDIAN with its existing portfolio company RHM to create a significantly enlarged German rehabilitation platform, and to pursue further bolt-on acquisitions particularly in intensive care to broaden MEDIAN's medical offering.

MEDIAN KLINIKEN, which reported an EBITDA margin of in 2013, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.3x).

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Target

MEDIAN Kliniken is a leading German provider of rehabilitation, post-acute, and acute care services. The group is recognised for its high standards of clinical quality, strong patient satisfaction ratings, and a progressive digital innovation agenda — including the MEDIAN app (enabling patients to review their own treatment plans) and the M-Check tool (supporting workplace reintegration). MEDIAN has been built through an aggressive buy-and-build strategy under Waterland, completing 21 bolt-on acquisitions prior to the Priory transaction.

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Other operations with MEDIAN KLINIKEN

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2023	MEDIAN KLINIKEN	HESTIA ALLIANCE	SPAIN	Clinics / Hospitals
12/2020	MEDIAN KLINIKEN	PRIORY GROUP	UNITED KINGDOM	Clinics / Hospitals

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

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

Target: median kliniken

Acquirer: waterland