- Companies
- Lifenet Healthcare
Lifenet Healthcare Acquisition, Valuation, Funding & Investors
Lifenet Healthcare was acquired by Reale Mutua for $709M in February 2026, a 1.6x multiple on $450M of revenue.
Lifenet Healthcare acquisition price
$709M
Acquired by Reale Mutua · Feb 2026
Lifenet Healthcare revenue at acquisition
$450M
Last twelve months · Feb 2026
Lifenet Healthcare revenue multiple at acquisition
1.6x
EV/Revenue · Feb 2026
Cumulative funding Lifenet Healthcare raised
$73M
across 1 funding round
About Lifenet Healthcare
Lifenet Healthcare is a Turin-based Italian healthcare provider operating private hospitals accredited by the National Health Service. The group manages surgical centers, diagnostic clinics, and specialized facilities for eye and dental care in regions including Lombardy, Piedmont, Lazio, and Emilia-Romagna.
Founded
2018
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Services
Revenue
$450M (Feb 2026)
Valuation
$161M (Apr 2022)
Sectors
Lifenet Healthcare Acquisition
Lifenet Healthcare was acquired by Reale Mutua for $709M on 16 February 2026.
The acquisition price implies a 1.6x revenue multiple on $450M of revenue.
Before the acquisition Lifenet Healthcare had raised $73M across 1 funding round.
Reale Group, through its holding company Reale Services, signed a binding agreement in February 2026 to acquire 80 percent of the share capital of Lifenet Healthcare, an Italian healthcare group. The shares are bought from Exor N.V. and from Invin, the family holding of the founder and chief executive Nicola Bedin, who keeps about 20 percent through Invin and stays at the head of the group. The deal valued the company at approximately EUR 600 million and was subject to the usual regulatory authorisations, with completion expected in the first half of 2026. Reale Group said the aim is a lasting positive impact in the areas where it operates, in line with the values of a mutual insurer and benefit corporation. Lifenet, founded in 2018, runs six hospitals, 16 outpatient and diagnostic centres and four eye clinics in five Italian regions, and expects 2026 revenue of more than EUR 450 million with more than 1,100 beds and about 5,000 workers. Exor and Invin were advised by J.P. Morgan, and Reale Group by Deloitte Advisory.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 16 Feb 2026 | Strategic M&A | $709M | 1.6x |
Sources: realegroup.eu, realemutua.it, candesic.com
Lifenet Healthcare Valuation
Lifenet Healthcare is currently valued at $161M, based on its undisclosed-stage round in April 2022. Read the announcement ↗
The $73M round included EXOR.
Lifenet Healthcare valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2022 | Undisclosed stage | $161M |
Lifenet Healthcare Funding History
Lifenet Healthcare has raised a total of $73M across 1 funding round.
Lifenet Healthcare funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2022 | Undisclosed stage | EXOR | $73M | $161M | EXOR acquired 45% of Lifenet Healthcare for EUR 67 million, mainly through a capital increase reserved to it and partly by buying shares from Invin, the holding company of founder and chief executive Nicola Bedin. Lifenet runs hospitals and outpatient clinics in Lombardy, Piedmont, Lazio and Emilia-Romagna, including Piccole Figlie Hospital in Parma, Regina Apostolorum in Albano Laziale and the Lazzaro Spallanzani medical centre in Reggio Emilia. Bedin kept majority control and stayed on as chief executive while EXOR gained the right to nominate the chairman. The transaction closed in June 2022. |
Who has invested in Lifenet Healthcare?
1 investor has backed Lifenet Healthcare across its funding rounds, including EXOR.
Lifenet Healthcare Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Lifenet Healthcare investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialLifenet Healthcare Competitors
Lifenet Healthcare competitors include listed companies like Kovai Medical Center, Diagnósticos da América, Global Medical Response and WELL Health, and private ones like Bang Er Orthopedic and Harbor Health.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $700M | - | ||
| Publicly listed | $168M | $47M | $692M | - | ||
| Publicly listed | $2B | $324M | $743M | 1.1x | ||
| Publicly listed | $5.7B | $1.1B | $672M | 0.8x | ||
| Publicly listed | $1000M | $110M | $760M | 1.2x | ||
| Private | - | - | $650M | - |
Lifenet Healthcare Public Comps
Lifenet Healthcare is no longer listed, but its public comps include Kovai Medical Center, Diagnósticos da América, Global Medical Response, WELL Health, Gushengtang Holdings, American Oncology Network, Al-Maidan Dental Clinic, Saudi German Health, Dr. Sulaiman Al Habib Medical Services and Garofalo Health Care.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $168M | $47M | 4.1x | - | 14.7x | - | |||
| $2B | $324M | 0.9x | 1.1x | 5.9x | 5.1x | |||
| $5.7B | $1.1B | 0.9x | 0.8x | 4.7x | - | |||
| $1000M | $110M | 1.4x | 1.2x | 12.6x | 10.1x | |||
| $488M | $93M | 1.7x | - | 8.9x | - | |||
| $1.8B | ($1M) | 0.3x | - | (443.8x) | - | |||
| $204M | $37M | 2.2x | - | 11.9x | - | |||
| $827M | $204M | 1.5x | 1.5x | 6.0x | 7.2x | |||
This data is available for Pro users. Sign up to see all Lifenet Healthcare competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Lifenet Healthcare
| When was Lifenet Healthcare founded? | Lifenet Healthcare was founded in 2018. |
| Where is Lifenet Healthcare headquartered? | Lifenet Healthcare is headquartered in Italy. |
| Is Lifenet Healthcare publicly listed? | No, Lifenet Healthcare was acquired by Reale Mutua in February 2026. |
| Who acquired Lifenet Healthcare? | Lifenet Healthcare was acquired by Reale Mutua in February 2026. |
| How much was Lifenet Healthcare acquired for? | Lifenet Healthcare was acquired for $709M in February 2026, a 1.6x revenue multiple. |
| What is Lifenet Healthcare's valuation? | Lifenet Healthcare was last valued at $161M in its undisclosed-stage round in April 2022. |
| How much funding has Lifenet Healthcare raised? | Lifenet Healthcare has raised $73M across 1 funding round. |
| What was Lifenet Healthcare's last funding round? | Lifenet Healthcare's last funding round was a $73M undisclosed-stage round in April 2022. |
| Who are Lifenet Healthcare's investors? | Lifenet Healthcare's investors include EXOR. |
| Which companies are comparable to Lifenet Healthcare? | Companies comparable to Lifenet Healthcare include Bang Er Orthopedic, Kovai Medical Center, Diagnósticos da América, Global Medical Response, WELL Health and Harbor Health. |
See companies similar to Lifenet Healthcare
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




