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Announced

CRH Medical Corporation acquired the remaining ownership in Central Colorado Anesthesia Associates.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

gastroenterology anesthesia practice

Health Care Services

Private

Acquisition

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Single Bidder

Synopsis

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CRH Medical Corporation, a North American company focused on providing gastroenterologists, acquired the remaining ownership in Central Colorado Anesthesia Associates, a gastroenterology anesthesia practice located in Colorado. CRH initially acquired 51% of this practice in September of 2017. Financial terms were not disclosed. Tushar Ramani, CEO of CRH, commented on the transaction, "We are pleased to announce our latest transaction in Colorado. CCAA represents one of our premier GI Anesthesia partnerships, and we are grateful for the opportunity to extend it further with this second transaction. With additions like this one, CRH remains well on its way toward its stated growth goals for 2019 and beyond."

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