Strata Critical Medical Spends $16M to Acquire Perfusion Services, Boosting $10M Revenue Stream
SRTA•Strata Critical Medical completed an all-cash acquisition of Louisville Perfusion Services for $16 million upfront plus up to $4 million earnout. LPS is projected to add approximately $10 million in revenue and $3 million in Adjusted EBITDA for full-year 2026, expanding Strata’s Midwest perfusion and transplant support network.
1. Acquisition Details
Strata closed an all-cash deal with $16 million upfront and up to $4 million in earnout consideration to acquire Louisville Perfusion Services, a regional provider of perfusion and blood management services for cardiac surgery programs in Kentucky.
2. Financial Metrics
Louisville Perfusion Services is expected to contribute roughly $10 million in revenue and $3 million in Adjusted EBITDA in 2026, reflecting Strata’s strategy of targeting bolt-on acquisitions at mid-single digit EBITDA multiples.
3. Strategic Expansion
The deal strengthens Strata’s clinical footprint in the Midwest and Southern U.S., adding ECMO support, perfusion staffing, and machine perfusion capabilities to enhance service offerings for cardiac surgery and organ transplant centers in Kentucky and Ohio.
