At what enterprise value was PACIFIC RADIOLOGY GROUP acquired in 2021?

During the acquisition of PACIFIC RADIOLOGY GROUP by INFRATIL in 2021, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b NZD.

What was the EV/EBITDA of PACIFIC RADIOLOGY GROUP when it was acquired by INFRATIL?

The estimated EV/EBITDA multiple for PACIFIC RADIOLOGY GROUP is in the range of 10x - 18x.

When was PACIFIC RADIOLOGY GROUP acquired by INFRATIL?

PACIFIC RADIOLOGY GROUP was acquired by INFRATIL in 2021.

What was the revenue of PACIFIC RADIOLOGY GROUP at the time of the deal?

The revenue of PACIFIC RADIOLOGY GROUP at the time of the deal is estimated to be in the range of 100M - 200M NZD.

What was the EBITDA of PACIFIC RADIOLOGY GROUP during the acquisition?

PACIFIC RADIOLOGY GROUP's EBITDA is estimated to be in the range of 50M - 100M NZD.

How is the data for the PACIFIC RADIOLOGY GROUP 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 PACIFIC RADIOLOGY GROUP 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://infratil.com/news/completion-of-acquisition-of-pacific-radiology/

← DATABASE

Home Database Healthcare & PharmaPACIFIC RADIOLOGY GROUP

05/2021

PACIFIC RADIOLOGY GROUP acquired by INFRATIL

NEW ZEALAND Health Providers / Outpatient Care / Radiology EV 500M - 1.5b NZD

Context

Infratil acquired a majority stake in Pacific Radiology from its existing doctor shareholders. The remaining equity continues to be held by the group's doctors and management, maintaining a strong clinical alignment. The acquisition was funded through Infratil's committed acquisition bridge facility and was a key part of its strategy to build a trans-Tasman healthcare platform, following its acquisition of Qscan in Australia the previous year.

PACIFIC RADIOLOGY GROUP, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Healthcare & Pharma sector (15.9x).

-> Deep-dive in Healthcare & Pharma market trends

Target

Pacific Radiology is New Zealand s largest private provider of diagnostic imaging services. At the time of the deal, it operated 46 clinics across the South Island and lower North Island, employing 90 radiologists. The group is a critical component of the NZ healthcare system, providing essential diagnostic services to both private patients and the public health sector via outsourcing.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (NZD)

Year

Rev

EBITDA

EBIT

2021

2020

Similar deals in Health Providers

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
07/2021	OMERS	AMEDES	GERMANY	Labs (Biology)
07/2021	EQT PARTNERS	MEINE RADIOLOGIE	GERMANY	Radiology
04/2021	AMERICAN SECURITIES	SIMONMED IMAGING	UNITED STATES	Radiology
04/2021	ICG / MANAGEMENT & PRIVATE INVESTORS	DOMUSVI	FRANCE	Nursing Homes
03/2021	TRITON PARTNERS	BERGMAN CLINICS	NETHERLANDS	Clinics / Hospitals
03/2021	EQT PARTNERS	CERBA HEALTHCARE	FRANCE	Labs (Biology)
02/2021	SILVER LAKE / NESTLE	IVC EVIDENSIA	UNITED KINGDOM	Vet Clinics
12/2020	FRESENIUS	EUGIN GROUP	SPAIN	Outpatient Care
12/2020	ANTIN INFRASTRUCTURE	HIPPOCRATES (LAF - LA FARMACIA)	ITALY	Pharmacy
12/2020	RADIOLOGY PARTNERS	MEDNAX RADIOLOGY SOLUTIONS	UNITED STATES	Radiology

REFERENCES

Valuation range: EV 500M - 1.5b NZD

Revenue range: 100M - 200M NZD

EBITDA range: 50M - 100M NZD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PACIFIC RADIOLOGY GROUP by INFRATIL 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: pacific radiology group

Acquirer: infratil