ADDvise acquires Graham Medical Technologies, LLC
ADDvise Group AB has today entered into a share purchase agreement with the owner of Graham Medical Technologies, LLC (“GraMedica”) regarding the acquisition of all the outstanding shares of GraMedica in accordance with the letter of intent communicated via a press release dated 10[th] May 2021. Closing of the acquisition takes place today. GraMedica’s revenue for the year 2020 amounted to approximately USD 3.35 million, with an adjusted EBITDA of approximately USD 0.85 million, equaling an EBITDA-margin of 26%. The purchase price amounts to a total of approximately USD 5.8 million,