M&A · Healthcare · Services-Home Health Care Services
Option Care Health, Inc. to acquire Amedisys Inc
Announced May 3, 2023 · Terminated Jun 26, 2023
Deal value$3.60BEV $3.56B
Premium26.0%To unaffected price
EV / Adj. EBITDA15.8x
ConsiderationAll stock$97.38 per share
Transaction
- Acquirer
- Option Care Health, Inc. (OPCH)
- Target
- Amedisys Inc (AMED)
- Buyer type
- Strategic
- Offer price per share
- $97.38
- Enterprise value
- $3.56B
- Status
- Terminated Jun 26, 2023
Deal protections
- Break fee (target pays)
- $125M · 3.5%
- Reverse fee (buyer pays)
- $250M · 6.9%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Goldman Sachs
- To the target
- Guggenheim
Sector context · Healthcare
- Comparable deals
- 80 in the prior 24 months
- Premium
- 26.0% vs. 50.0% sector median
- EV / Adj. EBITDA
- 15.8x vs. 21.1x sector median
- Break fee
- 3.5% vs. 3.5% sector median
Timeline
- AnnouncedMay 3, 2023
- TerminatedJun 26, 2023