Fairness opinions › Acquirers
Philips: healthcare acquisitions with fairness opinions
2 public-company targets, 2017-2020, $4.7B combined enterprise value. The multiples Philips paid and the banker analyses behind each target board's recommendation.
Deals
2
Median EV / EBITDA paid
23.7x
Median EV / revenue paid
6.25x
| Announced | Target | Acquirer | Segment | EV | EV/EBITDA | EV/Rev | DCF rate | Fairness opinion |
|---|---|---|---|---|---|---|---|---|
| 2020-12-18 | BioTelemetry | Philips | Outsourced Services | $2.8B | 23.7x | 6.26x | 10.0%–12.0% | Raymond James |
| 2017-06-28 | Spectranetics | Philips | Medical Devices and Supplies | $1.9B | — | 6.25x | 9.5%–11.5% | J.P. Morgan |