M&A Deal Summary

Sonic Healthcare Acquires Aurora Diagnostics

On December 13, 2018, Sonic Healthcare acquired healthcare services company Aurora Diagnostics for 540M USD

Acquisition Highlights
  • This is Sonic Healthcare’s 7th transaction in the Healthcare Services sector.
  • This is Sonic Healthcare’s largest (disclosed) transaction.
  • This is Sonic Healthcare’s 15th transaction in the United States.
  • This is Sonic Healthcare’s 2nd transaction in Florida.

M&A Deal Summary
Date 2018-12-13
Target Aurora Diagnostics
Sector Healthcare Services
Buyer(s) Sonic Healthcare
Deal Type Add-on Acquisition
Deal Value 540M USD

Target

Aurora Diagnostics

Palm Beach Gardens, Florida, United States
website
Aurora Diagnostics is a diagnostic lab as well as an independent anatomic pathology company serving the dermatopathology, women’s health, hematopathology and general surgical segments of the healthcare industry. Aurora’s anatomic pathology laboratories diagnose cancer and other conditions through the examination of tissues and the analysis of cells taken from patients.

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Buyer(S) 1

Buyer

Sonic Healthcare

Sydney, Australia

website

Category Company
Founded 1934
Sector Medical Products
Employees37,000
Revenue 6.8B AUD (2020)
DESCRIPTION

Sonic Healthcare is a medical diagnostics companies, providing laboratory and radiology services to medical practitioners, hospitals, community health services, and their collective patients. Sonic Healthcare was founded in 1934 and is based in Sydney, Australia.

DEAL STATS #
Overall 36 of 43
Sector (Healthcare Services) 7 of 9
Type (Add-on Acquisition) 30 of 35
State (Florida) 2 of 2
Country (United States) 15 of 16
Year (2018) 2 of 2
Size (of disclosed) 1 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 Pathologie Trier

Trier, Germany

Pathologie Trier is an anatomical pathology practice. The group operates four laboratories in three West German cities, being Trier, Düsseldorf and Düren, with the latter two laboratories strategically located within large hospital facilities. Pathologie Trier has combined the traditional practice of histo- and cytopathology with cutting-edge ancillary testing, including molecular pathology and tumor genetics services. The group provides services to approximately 30 hospitals, a large number of general practitioners and specialist physician referrers, as well as smaller histopathology practices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-17 Canberra Imaging Group

Sydney, Australia

Canberra Imaging Group is a radiology practice in Canberra, Australia’s capital city, with branches also located in Goulburn and Queanbeyan in New South Wales. The practice, with a history going back more than 50 years, employs 15 radiologists and ~200 other staff and operates 10 service sites across 9 locations. CIG operates one fully-funded (via Medicare), two partially-funded and two unlicensed MRI scanners, and also operates one of two private PET CT scanners in Canberra.

Buy -
Mergr

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