ADDvise: Quality Acquisition in the Netherlands - Redeye

Redeye strengthens its positive view on ADDvise following the large-high-quality acquisition of CliniChain. While we believe the net debt will approach 3.5x EBITDA in early 2023, which is somewhat higher than most peers, it is crucial to maintain a solid acquisition pace for a rather small serial acquirer as ADDvise. Also, with strong margins and a high recurring revenue share, CliniChain will make a significant cash flow contribution.

Länk till analysen i sin helhet: https://www.redeye.se/research/855242/addvise-quality-acquisition-in-the-netherlands?utm_source=finwire&utm_medium=RSS