AcquisitionsJun 2, 2026, 09:01 AM
Strata Acquires Louisville Perfusion Services for up to $20M
AI Summary
Strata Critical Medical, Inc. announced the completion of its all-cash acquisition of Louisville Perfusion Services, Inc. (LPS), a regional provider of perfusion and blood management services. The transaction involves approximately $16 million upfront and up to $4 million in additional consideration based on LPS's financial performance. This acquisition is expected to expand Strata's presence in the Midwest and Southern United States, enhance its organ transplant and cardiac care services, and is projected to be accretive, with LPS expected to generate $10 million in revenue and $3 million in Adjusted EBITDA for 2026.
Key Highlights
- Strata Critical Medical acquired Louisville Perfusion Services, Inc. (LPS).
- The all-cash transaction includes $16 million upfront consideration.
- Up to $4 million additional consideration is based on LPS's 12-month financial performance.
- LPS is expected to generate $10 million in revenue for full year 2026.
- LPS is projected to achieve $3 million in Adjusted EBITDA for full year 2026.
- The acquisition expands Strata's strategic stronghold in the Midwest and Southern US.
- It enhances Strata's national footprint for organ transplant and cardiac care services.
- The deal aligns with Strata's M&A strategy for accretive bolt-on acquisitions.
Price Impact
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