M&A · Industrials · Hazardous Waste Management
Aurora Capital Partners to acquire Sharps Compliance Corp
Announced Jul 13, 2022 · Closed Aug 25, 2022
Deal value$170MEV $147M
Premium207.0%To unaffected price
EV / Adj. EBITDA29.4x2.1x EV / Revenue
ConsiderationAll cash$8.75 per share
Transaction
- Acquirer
- Aurora Capital Partners
- Target
- Sharps Compliance Corp
- Buyer type
- Private equity
- Offer price per share
- $8.75
- Enterprise value
- $147M
- Status
- Closed Aug 25, 2022
Deal protections
- Break fee (target pays)
- $7.0M · 4.1%
- Reverse fee (buyer pays)
- $7.9M · 4.6%
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- Stifel
- To the target
- Raymond James
Sector context · Industrials
- Comparable deals
- 71 in the prior 24 months
- Premium
- 207.0% vs. 47.1% sector median
- EV / Adj. EBITDA
- 29.4x vs. 10.9x sector median
- Break fee
- 4.1% vs. 2.8% sector median
Timeline
- AnnouncedJul 13, 2022
- Tender offerJul 25, 2022
- ClosedAug 23, 2022