mynth
06/2017

SERB acquired by CHARTERHOUSE

BELGIUM Life Sciences / Pharma & Biotech EV 300M - 700M EUR

Context

This transaction involves Charterhouse successfully acquiring a controlling majority stake in SERB. The operation is meticulously structured to perfectly align with the target's existing executive leadership. The historical controlling shareholder and the incumbent management team are significantly reinvesting their proceeds to retain a robust equity position while continuing to lead day-to-day operations. Charterhouse utilizes its latest flagship investment vehicle to capitalize this partnership. The primary strategic rationale underpinning the deal is to massively accelerate SERB's developmental roadmap. The freshly injected capital and strategic guidance will be explicitly deployed to fuel ongoing geographic expansion and aggressively pursue the continuous acquisition of complementary specialty pharmaceutical products and synergistic businesses.

SERB, which reported an EBITDA margin of in 2016, 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

Headquartered in Belgium, SERB is a prominent, independent European pharmaceutical company specializing strictly in niche branded prescription medicines. The firm focuses heavily on highly specific therapeutic areas, including critical and emergency care, neurology, diagnostics, and endocrinology. Operating through multiple established offices across Europe and expanding actively into North America, the company boasts an exceptionally stable and fast-growing product portfolio. Its historical success is deeply rooted in a dual strategic approach: driving robust organic growth while successfully executing targeted acquisitions of niche pharmaceutical products possessing significant growth potential.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2016
2015

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REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 50M - 100M EUR

EBITDA range: 10M - 30M EUR

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

Acquirer: charterhouse