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New Deal


Announced

Venture Life Group to acquire BBI Healthcare from Exponent-backed BBI Diagnostics Group for £36m.

Financials

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Transaction Value£36m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales3.5x
EV/EBITDA15.65x
Share Price Premium-
One Off Charge-

Tags

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Majority

Health Care Services

Pending

Private Equity

United Kingdom

Domestic

Friendly

Acquisition

Private

women's health

Single Bidder

Synopsis

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Venture Life Group, a company developing, manufacturing and commercialising products for the international self-care market, agreed to acquire BBI Healthcare, a women's health and energy management/diabetes company, from Exponent-backed BBI Diagnostics Group, a healthcare products provider, for £36m ($51m). "BBIH is a well-established, growing and profitable consumer healthcare business, with a strong offering both of its own brands and also customer brands. Products are currently sold or partnered in 27 countries, with a significant direct-to-retail presence in the UK, which will add to the already significant direct-to-retail presence VLG has in the UK," Jerry Randall, Venture Life Group CEO.

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