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Announced

Completed

Groupe Bruxelles Lambert completed the acquisition of a majority stake in Affidea from B-Flexion for $1.08bn.

Financials

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Transaction Value£828m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Cross Border

Majority

Acquisition

Single Bidder

Private Equity

cancer treatment

laboratory

diagnostic services

medical services

Medical Services

Netherlands

Private

Completed

Synopsis

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Groupe Bruxelles Lambert, an investment holding company, completed the acquisition of a majority stake in Affidea, a provider of medical diagnostic services serving private health insurers, patients, doctors and NHS across Europe, from B-Flexion, a private investment firm, for $1.08bn. “We have benefitted greatly from B-Flexion’s deep strategic insights and experience to scale our dynamic organisation and achieve stellar growth almost doubling the size of the business in the last 4 years, while consolidating the markets with under-served private healthcare services. In GBL, we have another partner with a long-term outlook who shares our values and has a commitment to clinical excellence," Giuseppe Recchi, Affidea CEO.

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