Gastro Health Valuation, Funding & Investors

Gastro Health is valued at $900M as of July 2021.

Last Gastro Health valuation

$900M

Series A · Jul 2021

Last Gastro Health funding round

$10M

Series A · Jul 2021

Cumulative funding Gastro Health raised

$10M

across 1 funding round

Key investors in Gastro Health

  • Penfund

Gastro Health Overview

About Gastro Health

Gastro Health is a South Florida-based gastroenterology practice group specializing in digestive disorders, nutrition, and colorectal care. It operates endoscopy centers and surgical facilities staffed by gastroenterologists, pediatric specialists, and surgeons. The group provides anesthesia, imaging, pathology, and infusion services across multiple clinics in Florida.


Founded

2006

HQ

United StatesMiami, FL

Status

Privately held

Customer focus

B2C

Revenue model

Services

Valuation

$900M (Jul 2021)

Gastro Health Valuation

Gastro Health is currently valued at $900M, based on its Series A in July 2021.

The $10M round was led by Penfund.

Gastro Health valuation by funding round

Gastro Health valuation by funding round
DateStageValuation
Jul 2021Series A$900M

Gastro Health Funding History

Gastro Health has raised a total of $10M across 1 funding round.

Gastro Health funding rounds

Gastro Health funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2021Series APenfund (lead)$10M$900MGastro Health is a leading gastroenterology platform in the United States, headquartered in Miami, Florida, supporting practices in multiple states including Florida, Alabama, Maryland, Ohio, Virginia, and Washington. The company employs over 250 physicians and offers core GI procedures such as colonoscopies and endoscopies, along with ancillary services. In July 2021, Penfund led a US$90 million second lien credit facility and invested US$10 million in equity to support OMERS Private Equity's acquisition of Gastro Health from Audax Private Equity at a $900 million valuation. This transaction positioned Gastro Health for growth through its cohesive physician partnership model. Post-acquisition, Gastro Health expanded aggressively, adding practices in Virginia, Florida, Ohio, Maryland, and Massachusetts, and growing to over 400 physicians across 150 locations by supporting further market penetration in gastroenterology services.

Who has invested in Gastro Health?

1 investor has backed Gastro Health across its funding rounds, including Penfund.

Lead investors include Penfund.


Gastro Health Investors

Investors in Gastro Health by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Gastro Health

Gastro Health has acquired 8 companies to date.

Last acquisition by Gastro Health was on March 1st 2021. Gastro Health acquired Digestive Disease Associates for undisclosed valuation.


Latest Acquisitions by Gastro Health

Digestive Disease Associates
Associates in Gastroenterology, P.C.
Gastroenterology Associates of Northern Virginia
Puget Sound Gastroenterology
Description
Digestive Disease Associates is a medical practice specializing in gastroenterology and hepatology services. It treats disorders of the stomach, intestines, and liver through diagnostic procedures, endoscopy, and therapeutic interventions. The Annapolis-based group expands its offerings with patient education programs and preventive care initiatives across Maryland facilities.
Associates in Gastroenterology, P.C. is a gastroenterology practice based in Mobile, Alabama. Five physicians provide colonoscopy screenings, endoscopy for GERD and ulcers, and treatment for IBD, hepatitis, and liver disease at clinics and affiliated hospitals like USA Health. The group offers infusion therapy for Crohn's disease and participates in clinical research trials for motility disorders.
Gastroenterology Associates of Northern Virginia is a multispecialty physician group delivering comprehensive gastroenterology services across Fairfax, Haymarket, and Prince William counties in Virginia. The practice offers diagnostic procedures such as colonoscopies, endoscopies, capsule endoscopy, and treatments for conditions including acid reflux, irritable bowel syndrome, inflammatory bowel disease, and liver disorders. Operating from six office locations and two ambulatory surgery centers, the group emphasizes patient-centered care with board-certified gastroenterologists and hepatologists.
Puget Sound Gastroenterology is a Seattle-based medical practice offering diagnostic endoscopy, colonoscopy, advanced therapeutic procedures, and treatment for conditions like inflammatory bowel disease and liver disorders. The group operates clinics in Kirkland, Issaquah, and downtown Seattle, with physicians affiliated to Virginia Mason Franciscan Health and Overlake Medical Center. Services extend to capsule endoscopy and ERCP for Puget Sound area patients referred by primary care providers.
HQ CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
Baltimore, MD
-
Washington, DC
Seattle, WA
Deal Date1 Mar 20211 Oct 202015 Nov 201923 Sep 2019
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Gastro Health Competitors

Gastro Health competitors include listed companies like Infracore, Menicon, Standard Engineering Tech and Al Hammadi Holding, and private ones like Radiant Life Care Private Ltd and Capsule.

Public and private companies comparable to Gastro Health
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
InfracoreSwitzerlandSwitzerlandPublicly listed$29K-$903M-
MeniconJapanJapanPublicly listed$807M$131M$850M1.4x
Standard Engineering TechIndiaIndiaPublicly listed$81M$12M$835M10.4x
Al Hammadi HoldingSaudi ArabiaSaudi ArabiaPublicly listed$329M$98M$975M3.0x
Radiant Life Care Private LtdIndiaMumbaiPrivate$64M$11M$816M12.8x
CapsuleUnited StatesNew York City, NYPrivate--$1B-

Gastro Health Public Comps

Gastro Health is still privately-owned, but its public comps include Infracore, Menicon, Standard Engineering Tech, Al Hammadi Holding, Paul Hartmann, Arjo, WELL Health, Life Healthcare Group, Clinica Baviera and Saudi German Health.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Infracore$29K-33943.9x---
Menicon$807M$131M1.4x1.4x8.8x8.3x
Standard Engineering Tech$81M$12M10.2x10.4x66.8x56.4x
Al Hammadi Holding$329M$98M3.1x3.0x10.6x11.7x
Paul Hartmann$2.8B$266M0.4x-4.7x-
Arjo$1.1B$177M0.7x0.7x4.7x4.1x
WELL Health$1B$110M1.4x1.3x12.7x10.1x
Life Healthcare Group$1.5B$55M0.8x0.8x23.9x5.2x

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Common questions about Gastro Health

When was Gastro Health founded?Gastro Health was founded in 2006.
Where is Gastro Health headquartered?Gastro Health is headquartered in Miami, FL, United States.
Is Gastro Health publicly listed?No, Gastro Health is a private, VC-backed company.
What is Gastro Health's valuation?Gastro Health was last valued at $900M in its Series A in July 2021.
How much funding has Gastro Health raised?Gastro Health has raised $10M across 1 funding round.
What was Gastro Health's last funding round?Gastro Health's last funding round was a $10M Series A in July 2021, led by Penfund.
Who are Gastro Health's investors?Gastro Health's investors include Penfund.
Which companies are comparable to Gastro Health?Companies comparable to Gastro Health include Infracore, Menicon, Standard Engineering Tech, Al Hammadi Holding, Radiant Life Care Private Ltd and Capsule.
How many companies has Gastro Health acquired?Gastro Health has acquired 8 companies, including Digestive Disease Associates, Associates in Gastroenterology, P.C., Gastroenterology Associates of Northern Virginia, Puget Sound Gastroenterology and Southeast Gastro.

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