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M&A

PACIFIC RADIOLOGY GROUP

Acquired by

INFRATIL

NEW ZEALAND Health Providers EV [500m NZD - 1b NZD] 05/2021

Target

PACIFIC RADIOLOGY GROUP

Acquirer

INFRATIL

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 LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the 13.4x 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

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

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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)

Year
Rev
EBITDA
EBIT
2021
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2020
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Other operations with PACIFIC RADIOLOGY GROUP

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.