mynth
← DATABASE
03/2024

PÉTERS SURGICAL acquired by ADVANCED MEDICAL SOLUTIONS GROUP

FRANCE Life Sciences / Medical Devices / Medical Consumables EV 100M - 350M EUR

Context

The acquisition of Peters Surgical by Advanced Medical Solutions Group plc is a strategic move to expand AMS's portfolio of surgical products and strengthen its presence in the global wound closure and tissue repair market. The transaction will enable Peters Surgical to benefit from complementary product portfolios, sales forces, commercial presence, and distribution networks. The acquisition is expected to create a leading player in the advanced wound closure and surgical closure market, with a comprehensive portfolio of products and a strong global presence. The combined entity will have increased direct sales capabilities in key markets, including France, the USA, Germany, India, Poland, and Belgium, and will be well-positioned to capitalize on cross-selling and upselling opportunities. The acquisition is subject to approval by the French authorities and is expected to be completed in 2024.

It is worth noting that the fund Eurazeo took control of PéTers Surgical through an LBO in 2013.

PÉTERS SURGICAL, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Healthcare & Pharma sector (14.8x).

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.

-> Deep-dive in Healthcare & Pharma market trends

Target

Péters Surgical is a French company that designs, manufactures, and distributes a range of single-use medical devices for operating rooms. The company's primary product lines include surgical sutures, wall reinforcements, and drains. Founded in 1926 and based in Bobigny, Péters Surgical has established a strong presence in the French market and exports its products to over 75 countries worldwide. The company's business model is centered on building close relationships with its clients, including public hospitals and private clinics, and it has developed a network of agents and distributors to support its international sales efforts. With a workforce of approximately 350 employees, Péters Surgical has demonstrated significant growth in recent years, with revenue increasing from 24 million euros in 2009 to 37 million euros in 2012. The company's products are designed to meet the specific needs of surgical professionals, and its commitment to quality and innovation has enabled it to establish a strong reputation in the medical device industry.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2023
LOGIN
LOGIN
LOGIN
2022
LOGIN
LOGIN
LOGIN

Other operations with PÉTERS SURGICAL

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
06/2013EURAZEOPÉTERS SURGICALFRANCELife Sciences

The acquisition of Péters Surgical by Eurazeo PME is a strategic move that reflects the investment firm's commitment to supporting the growth and development of medium-sized enterprises in the healthcare sector

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PÉTERS SURGICAL by ADVANCED MEDICAL SOLUTIONS GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: péters surgical

Acquirer: advanced medical solutions group