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09/2020

NEURAXPHARM acquired by PERMIRA

GERMANY Life Sciences / Pharma & Biotech / Generics / Labs EV 1b - 4b EUR

Context

Permira acquired Neuraxpharm from Apax Partners, following a competitive auction process. The transaction was structured to support the company's transition from a regional player to a pan-European leader. Under Permira's ownership, the management team led by CEO Dr. Dierks remained in place to execute a high-velocity buy-and-build strategy. The deal was financed through a combination of equity and a significant leveraged loan package, aiming to capitalize on the resilient and growing market for CNS treatments. Following the acquisition, Permira supported the group in expanding its geographical footprint across Europe and into international markets like Brazil and Australia, while simultaneously investing in a robust pipeline of high-tech and innovative CNS molecules.

NEURAXPHARM, which reported an EBITDA margin of in 2020, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.6x).

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Target

Neuraxpharm is a leading European specialty pharmaceutical company focused on the treatment of Central Nervous System (CNS) disorders. It develops and commercializes value-added medicines and consumer healthcare products for chronic conditions such as Epilepsy, Parkinson s, Alzheimer s, Depression, and Psychosis. It holds leading positions in Germany and Spain and covers over 115 different CNS molecules.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2020
2019

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REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M 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 NEURAXPHARM by PERMIRA 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: neuraxpharm

Acquirer: permira