Strata Critical Medical Closes $21.5M Acquisition of Heart and Lung Transplant National Recovery Program
Strata Critical Medical completed its $21.5 million acquisition of Heart and Lung Transplant National Recovery Program at a mid-single-digit multiple of Adjusted EBITDA, expanding its transplant surgeon network in Florida and California.
Strata Critical Medical closed its $21.5 million acquisition of Heart and Lung Transplant National Recovery Program, a provider of transplant surgical recovery services in the United States, at a mid-single-digit multiple of Adjusted EBITDA [1]. The deal expands Strata's network of transplant surgeons and adds geographic reach in Florida and California markets [1].
The acquisition, announced June 24, immediately makes HLT-NRP's surgeon network available to all Strata customers and adds significant scale to Transplant Clinical, Strata's fastest-growing business line [1]. Co-CEO Will Heyburn said the acquired business strengthens the company's organ recovery platform by increasing clinical depth across the country [1].
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