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Bids, Mergers and Takeovers

UDG Healthcare acquires US healthcare consultancy

12 July 2017 07:25

UDG Healthcare is acquiring Vynamic LLC, a US-based healthcare industry management consulting firm, for a total consideration of up to $32m.

Vynamic was being acquired for an initial consideration of $22m, with an additional consideration of up to $10m payable over the next three years, based on the achievement of agreed profit targets. The business has been acquired for an upfront multiple of c. 7x EBIT.

Story provided by StockMarketWire.com

Related Company: UDG

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