Fairness opinions › Acquirers
Optum: healthcare acquisitions with fairness opinions
3 public-company targets, 2017-2021, $18B combined enterprise value. The multiples Optum paid and the banker analyses behind each target board's recommendation.
Deals
3
Median EV / EBITDA paid
13.8x
Median EV / revenue paid
2.75x
| Announced | Target | Acquirer | Segment | EV | EV/EBITDA | EV/Rev | DCF rate | Fairness opinion |
|---|---|---|---|---|---|---|---|---|
| 2021-01-06 | Change Healthcare | Optum | Digital / HealthTech | $14B | 13.8x | 4.46x | 6.8%–7.8% | |
| 2017-08-29 | Advisory Board Healthcare | Optum | Outsourced Services | $1.3B | 10.3x | 2.36x | 7.5%–8.8% | Allen |
| 2017-01-09 | Surgical Care Affiliates | Optum | Specialty Outpatient Facilities | $3.3B | 16.4x | 2.75x | 6.5%–7.5% | J.P. Morgan |