Strata Critical Medical Acquires Ohio Valley Perfusion for $1M, Adds 8 Clinicians
SRTA•Strata Critical Medical completed the acquisition of Ohio Valley Perfusion Associates, a regional perfusion services provider in Eastern Ohio and Western Pennsylvania, for approximately $1 million. The deal adds eight certified clinicians and expands Strata’s ECMO support, autotransfusion and cardiac perfusion platform at a mid-single digit EBITDA multiple.
1. Acquisition Details
Strata Critical Medical has finalized its purchase of Ohio Valley Perfusion Associates, marking its entry into Eastern Ohio and Western Pennsylvania perfusion services. The transaction brings OVPA’s team of eight certified clinicians under Strata’s clinical services division.
2. Strategic Rationale
This bolt-on acquisition strengthens Strata’s regional clinical platform by enhancing capabilities in ECMO support, autotransfusion and cardiac perfusion. Management views the addition as aligned with its multi-year plan to grow recurring-revenue businesses through targeted M&A at attractive valuation multiples.
3. OVPA Business Profile
Ohio Valley Perfusion Associates provides perfusion and related services—including ECMO support and autotransfusion—to cardiac surgery programs. The company holds multi-year contracts and maintains high customer retention across hospitals in its two-state service area.
4. Transaction Financials
The purchase price of approximately $1 million reflects a mid-single digit multiple of OVPA’s EBITDA, consistent with Strata’s valuation framework. The acquisition underscores the fragmented nature of the perfusion sector and Strata’s focus on scalable, recurring-revenue platforms.
