Viemed Healthcare, Inc. (NASDAQ:VMD), a national respiratory care and technology-enabled home medical equipment services provider, announced that it entered into a definitive agreement to acquire Tennessee-based Home Medical Products, Inc. (“HMP”), a large regional respiratory-focused home medical solutions company.
HME / DME EBITDA Multiples
According to Viemed's SEC filings, the purchase price was $29.4m plus $5.2m net debt assumed. With $28 million revenue and $6.8 million EBITDA in FY 2022, the deal implies multiples of 1.2x revenue and 5.1x EBITDA. The EBITDA multiple is on the low end of other HME / DME deals of similar size.
Other Healthcare Distribution and Equipment Services Deals
Read Scope Research's take on other healthcare distribution and equipment services M&A transactions:
About Scope Research
The Scope Research Healthcare M&A Valuation Database currently has financial details for 54 home medical equipment (HME / DME) deals going back to 2010, 36 of which include reported EBITDA multiples. The home medical equipment data can be purchased individually, while our affordable annual subscriptions provide access to all of our healthcare M&A databases and segments, updated continuously.
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