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Announced

Completed

H.I.G. Capital-backed Vernacare completed the acquisition of Robinson Healthcare.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Majority

Single Bidder

Acquisition

Domestic

healthcare products

Private

Private Equity

Medical Supplies

Friendly

Completed

Synopsis

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H.I.G. Capital-backed Vernacare, a supplier of goods and services to the health care industry, completed the acquisition of Robinson Healthcare, a manufacturer of consumable healthcare products in the UK. Financial terms were not disclosed. “Robinson Healthcare and Vernacare are complementary businesses with their respective focus on the manufacture of single-use disposable medical products within infection prevention and surgical space. Vernacare’s international reach will help to build Robinson Healthcare further and continue to realise the vision set by the team at Robinson Healthcare," James Steele, Vernacare CEO.

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