CRH Medical has completed an accretive transaction whereby the company has acquired Anesthesia Care Associates, a gastroenterology anesthesia practice located in Indiana. Anesthesia Care Associates provides anesthesia services to one GI ambulatory surgical center. The transaction was financed through a combination of CRH’s credit facility and cash on hand. The company has an estimated annual revenue of $2.6M and the acquisition is expected to be EBITDA and cash flow accretive.
Date: January 7, 2019
Source: The Fly