Fairness opinions › Acquirers

Warburg Pincus: healthcare acquisitions with fairness opinions

2 public-company targets, 2010-2011, $885M combined enterprise value. The multiples Warburg Pincus paid and the banker analyses behind each target board's recommendation.

Deals
2
Median EV / EBITDA paid
10.5x
Median EV / revenue paid
1.04x
AnnouncedTargetAcquirerSegment EVEV/EBITDAEV/RevDCF rateFairness opinion
2011-03-28 Rural/Metro Warburg Pincus Medical Transportation $658M8.6x1.20x11.5%–12.5% RBC Capital Markets, Moelis & Company
2010-12-27 ReSearch Pharmaceutical Services Warburg Pincus Pharmaceutical Services $227M12.4x0.89x12.0%–13.0% Jefferies