Fairness opinions › Acquirers

Danaher: healthcare acquisitions with fairness opinions

4 public-company targets, 2011-2026, $36B combined enterprise value. The multiples Danaher paid and the banker analyses behind each target board's recommendation.

Deals
4
Median EV / EBITDA paid
20.9x
Median EV / revenue paid
5.69x
AnnouncedTargetAcquirerSegment EVEV/EBITDAEV/RevDCF rateFairness opinion
2026-02-17 Masimo Danaher Diagnostics / Life Sciences $9.9B21.2x6.50x10.8%–11.8% Centerview Partners
2023-08-28 Abcam Danaher Diagnostics / Life Sciences $5.7B29.1x11.05x8.9%–10.8% Morgan Stanley, Lazard
2015-05-13 Pall Danaher Diagnostics / Life Sciences $14B20.5x4.88x9.0%–11.0% Goldman Sachs
2011-02-07 Beckman Coulter Danaher Diagnostics / Life Sciences $6.8B8.4x1.86x7.0%–9.0% Goldman Sachs