Tracked deals
3
3 tracked deals across 2021.
Stockholm, Sweden
ADDvise is a supplier of equipment and solutions for healthcare and research facilities. The group offers total solutions through two business units, Lab and Healthcare, including laboratory furnishings, safety ventilation and clean-room/lab apparatus as well as medical devices and consumable materials. The company sells globally and pursues an acquisition strategy to expand geographically and product-wise.
Tracked deals
3
3 tracked deals across 2021.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout
Last 1 years
Supporting Data
ADDvise Group AB (publ) has completed the acquisition of all shares in Southern Life Systems, Inc. (SLS). The purchase price is approximately USD 11.0 million (USD 7.6m initial cash consideration plus potential earn-outs), financed with ADDvise's own funds; SLS reported about USD 11.56 million revenue and ~USD 1.68 million adjusted EBITDA for 2020.
ADDvise Group AB has acquired all outstanding shares of Graham Medical Technologies, LLC (GraMedica) in a deal that closed on September 15, 2021. The purchase price is approximately USD 5.8 million (USD 4.0 million initial payment plus up to USD 1.8 million in earn-outs); GraMedica reported 2020 revenue of about USD 3.35 million and adjusted EBITDA of approximately USD 0.85 million. The acquisition is intended to broaden ADDvise's medical equipment and consumables portfolio and expand its geographic reach.
ADDvise Group AB has entered into a share purchase agreement to acquire all outstanding shares of Medisuite, LLC, an online pharmacy based in Cary, North Carolina that specializes in men's health medications. The purchase price is approximately USD 10.3 million (combination of cash, a promissory note and potential earn-outs); closing is expected in August 2021 and the acquisition is financed with ADDvise's own funds.
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