Fairness opinions › Acquirers
StrykerCorp.: healthcare acquisitions with fairness opinions
6 public-company targets, 2011-2022, $9.2B combined enterprise value. The multiples StrykerCorp. paid and the banker analyses behind each target board's recommendation.
Deals
6
Median EV / EBITDA paid
35.2x
Median EV / revenue paid
4.13x
| Announced | Target | Acquirer | Segment | EV | EV/EBITDA | EV/Rev | DCF rate | Fairness opinion |
|---|---|---|---|---|---|---|---|---|
| 2022-01-06 | Vocera Communications | StrykerCorp. | Digital / HealthTech | $2.6B | 52.3x | 9.35x | 8.0%–9.0% | Evercore |
| 2019-11-04 | Wright Medical Group | StrykerCorp. | Medical Devices and Supplies | $4.1B | 14.6x | 3.49x | 7.0%–8.4% | Guggenheim Securities |
| 2018-09-10 | Invuity | StrykerCorp. | Medical Devices and Supplies | $190M | — | 4.12x | 13.0%–17.5% | Moelis & Company |
| 2018-08-29 | K2M Group Holdings | StrykerCorp. | Medical Devices and Supplies | $1.4B | 92.0x | 4.14x | 10.3%–12.3% | Piper Sandler |
| 2017-12-07 | Entellus Medical | StrykerCorp. | Medical Devices and Supplies | $697M | — | 5.76x | 10.0%–12.0% | Piper Sandler |
| 2011-05-16 | Orthovita | StrykerCorp. | Medical Devices and Supplies | $316M | 18.1x | 2.62x | 11.5%–12.5% | J.P. Morgan |