Week of August 30, 2022 | Vol. 11, Issue 35


In This Issue

Upcoming Events

Industry M&A Activity

Recent Transactions

Trading Comps

Market Reports

M&A Pipeline

Featured Headlines

Tanner Updates

Quick Links

Who We Are

M&A Discussion Group

Daybreak Consumer Care

Carlin Consumer Health

Contact Information

Xan Smith

Managing Director

Business Development


Jeremy C. Johnson

Managing Director

Head of M&A and Capital Advisory


Industry Snapshot
Above is an overview of recent industry M&A activity. Click on the chart to view complete transaction tables broken out by industry sub sectors. For additional information, see the Industry M&A Activity section below.
Events Hosted or Attended by Bourne Partners
August 27-29, 2022 - Boston, MA
September 22-23, 2022 - New Brunswick, NJ
October 12, 2022 - Charlotte, NC
October 24-26, 2022 - Leipzig, Germany
November 1-3, 2022 - Messe Frankfurt, Germany
Recent Transactions, Trading Comps, Market Reports, M&A Pipeline
An Overview of Transactions Within Market Sub-segments
Below are summaries and charts with the past week's transactions from the different healthcare sectors. For a detailed table showing data for each industry transaction click on any of the charts. Total transaction values are provided in USD millions.

Pharma & Biotech

7 transactions totaling $1,238 million

Supplies, Equipment & Services

10 transactions totaling $344 million

Healthcare IT & Managed Care

1 transaction

Healthcare Facilities & Distributors

8 transactions totaling $57 million


Pharma & Biotech

26 transactions totaling $305 million

Supplies, Equipment & Services

28 transactions totaling $220 million

Healthcare IT & Managed Care

12 transactions totaling $93 million

Healthcare Facilities & Distributors

4 transactions totaling $43 million


Pharma & Biotech

13 transactions totaling $692 million

Supplies, Equipment & Services

9 transactions totaling $353 million

Healthcare IT & Managed Care

0 transactions

Healthcare Facilities & Distributors

0 transactions

A Breakdown of Relevant Trading Multiples
This is a high-level breakdown of median revenue and EBITDA multiples for each of the specific sub sectors.

Insight Into Healthcare Related Industries

1H 2022 Pharma Services Sector Snapshot

August 2022

Representative Current Retained Sell-Side And Partnering Opportunities

Project Beach

Sell-Side |Pharma Services| Clinical Trial Services Provider

Project Ester

Sell-side |Pharma| OTC Technology and Products Developer

Project Gateway

Sell-Side |Pharma| Generic Pharmaceuticals

Project Jazz

Sell-Side |Pharma Services| Compounding Pharmacy and Lab Testing Business

Project Panther

Sell-Side| CDMO | Consumer Health and Medical Device

Project Power Play

Buy-Side | Specialty Pharma |Branded & Generic Pharmaceuticals

Project S

Sell-side |Pharma Services | Compounding Pharmacy and Telehealth Platform

Project Trident

Buy-Side | Generic Pharma | Manufacturing liquid generics


A Sampling of Industry Headlines

LTS takes next step in its Growth Journey with the acquisition of Tapemark Inc.

Bourne Partners - August 22, 2022

Worldwide CRO expands with new bioanalytical lab

Fierce Biotech - August 23, 2022

Resilience Becomes Biomanufacturing Resource Partner for California Institute for Regenerative Medicine

Business Wire - August 23, 2022

Open Orphan inks £10.4M deal to produce new H1N1 challenge virus

Fierce Biotech - August 24, 2022

Thermo Fisher Scientific Expands Viral Vector Manufacturing Capabilities

Thermo Fisher - August 24, 2022

ABEC Announces $11 Million Investment in a New Manufacturing Facility in North Carolina

Business Wire - August 24, 2022

PCI Pharma Services Opens New England Center of Excellence to Bring Global Clinical Supply Capabilities to New England

Business Wire - August 25, 2022

ElevateBio and the University of Pittsburgh Announce Creation of Pitt BioForge BioManufacturing Center at Hazelwood Green to Accelerate Cell and Gene Therapy Innovation

Business Wire - August 25, 2022


Rare Rev-inar September 22, 2022

Rare Revolution Magazine and Tanner Pharma are co-hosting a live webinar to discuss early access pathways, with insights from stakeholders across the spectrum. Register for the virtual event here.

Life-Long Friends Share a Passion for Improving Lives

Nearly four decades ago, Banks Bourne and Steve Scalia met in a middle-school classroom. Unbeknownst to them at the time, the two would not only maintain a lifelong friendship but take on the role of business partners to build and grow Tanner Pharma Group. Read more.

Let's Connect!
The Tanner team will be attending several networking events in the coming weeks. Let’s connect to discuss how our organizations can improve patient lives, together.