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New Deal


Announced

Riverside to acquire Independent Living Specialists.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For40%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Medical Supplies

Single Bidder

Pending

Australia

Private

Friendly

Acquisition

homecare products

Minority

Private Equity

Synopsis

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The Riverside agreed to acquiree Independent Living Specialists, an Australian provider of medical and home care equipment founded in 2004. Financial terms were not disclosed. "Riverside's support will accelerate the national expansion, both organically and through bolt-on investments. We are delighted to be working closely with (co-founders Ian Farquharson and Peter Reid), who have built a wonderful platform, to support ILS in becoming the standout industry leader with the scale and capability to further service Australia's aging and disabled population," Nick Speer, Riverside Partner.

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