Ciming Checkup

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Ciming Checkup - overview

Established

2002

Location

Beijing, Beijing, China

Primary Industry

Travel & Leisure

About

Ciming Checkup is a health examination service provider, recognized for its extensive diagnostic procedures and preventive care initiatives, focusing on enhancing individual and corporate wellness through advanced health screening programs. Founded in 2002 in Beijing, China, Ciming Checkup specializes in delivering health examination services. In March 2016, Meinian Onehealth, a portfolio company of Carlyle Group, acquired a majority stake in Ciming for USD 415 mn. The company has engaged in seven deals to date, indicating a steady growth trajectory in the health management sector.


Ciming Checkup offers comprehensive health examination services, including a wide array of medical assessments and diagnostic procedures. The company operates numerous health examination centers in major cities such as Beijing, Shanghai, Guangzhou, and Shenzhen, catering to individuals and corporate clients seeking preventive care and early diagnosis through tailored health screening programs. Ciming Checkup's revenue model is based on health examination services provided to individual consumers and corporate clients. Clients typically purchase one-off health screening packages that encompass various assessments.


The company's revenue is bolstered by partnerships with corporate clients for employee wellness programs, fostering ongoing relationships through regular health assessments and wellness initiatives. Following the acquisition by Meinian Onehealth in March 2016, Ciming Checkup aims to expand its market presence by launching new health screening products and enhancing existing services. The company is likely to target expansion into additional regions within China to increase accessibility. The funding from the acquisition will support these initiatives, allowing Ciming to innovate and improve its service delivery, thereby enhancing overall client engagement.


Current Investors

Meinian Onehealth, Carlyle Group

Primary Industry

Travel & Leisure

Sub Industries

Fitness & Wellness Facilities

Website

www.ciming.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Ciming Checkup - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedCiming Checkup-
Trade SaleCompletedCiming Checkup-
Add-onCompletedCiming Checkup-
GrowthCompletedCiming Checkup-
GrowthCompletedCiming Checkup-

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Ciming Checkup - key contacts

NamePositionStart DateEnd DateVcardBio 
BM

BM Board Member

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