SINTETICA acquired by ARDIAN
Context
Ardian acquired a majority stake in Sintetica from the majority shareholder Daphne and the owner family. The transaction was structured as a partnership, with the existing shareholders and management team reinvesting via a significant minority stake to maintain continuity. At the time of the deal, Sintetica was in a phase of hyper-growth (31% CAGR between 2016-2018). Ardian's investment was designed to accelerate the company's internationalization—expanding its reach beyond the 45 countries it already served—and to fuel R&D for new patented, "ready-to-use" drug delivery systems that optimize hospital efficiency and patient safety.
SINTETICA, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.6x).
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Target
Sintetica is a long-standing Swiss pharmaceutical company specializing in the research, manufacturing, and marketing of high-quality sterile injectable solutions. Its portfolio focuses on innovative "ready-to-use" formulations for local anesthesia and pain management, specifically designed to reduce opioid reliance and support the global trend of ambulatory (one-day) surgery.
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Historical Financials (CHF)
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REFERENCES
Revenue range: 50M - 100M CHF
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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
Acquirer: ardian