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TickerHAE
SectorMedical - Instruments & Supplies
Mkt cap$2.6B
EV / EBITDA14.0×
PostureHigh Velocity
Composite62/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 313143

Haemonetics Corporation

HAEHIGH VELOCITYFILING INTENSITY

Haemonetics Corporation reads as High Velocity (composite 62/100); pressure / disclosure signals dominate the posture this cycle · primary market Life Sciences.

Lens

Disclosed M&A capital (2023–2025)

$398M

−9%

vs $438M in 2020–2022

Disclosed transactions

3

+50%

3/3 active fiscal years in window

Buyer archetype

Consistent Strategic Buyer

Meaningful spend appears across repeat years.

Composite score

62

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$1.3B
EBITDA$253M
Enterprise value$3.5B
EV / Revenue2.7×
EV / EBITDA14.0×
P/EN/A
Cash$363M
Total debt$1.2B
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

25/100

Companies actively deploying disclosed capital into M&A

  • $844M disclosed buyer spend

Buyer Cadence

5/100

Buyer-side companies with recent filing activity

  • 241 8-Ks

Target Probability

18/100

Issuers showing target-side patterns from filings

  • 16 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 16 activism filings

Pressure Watch

13/100

Issuers facing activism, governance, or control pressure

  • 16 activism filings
  • Latest activism 22y ago; heavily discounted

Distress Watch

37/100

Issuers showing financial-distress filing patterns

  • 10-Q 156d stale
  • 16 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
62/100

Issuers with the highest filing-activity intensity

  • 241 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $3.5B
  • 10-Q 156d ago
  • 2 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $435M · Peak count: 2

FYDisclosed buysDisclosed spendAvg ticketAudited tier
20251$151M$151MN/A
20242$244M$122MN/A
2023N/A$3MN/AN/A
2022N/A$3MN/AN/A
20211$435M$435MN/A
20201$300K$300KN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Technology Acquisition
    25%
  • Bolt On
    25%
  • Geographic Expansion
    25%
  • Tuck In
    25%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • technology_acquisition
  • bolt_on
  • geographic_expansion
  • tuck_in
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Pricing pressures resulting from trends toward healthcare cost containment, including the continued consolidation among healthcare providers and other market participants;

10-KFY2025

The acquisition of this innovative viscoelastic diagnostic device further augments the Company's portfolio of hemostasis analyzers within the Hospital business unit.

10-KFY2020

Industry consolidation through group purchasing organizations has intensified pricing competition particularly in the manual whole blood collection systems.

10-KFY2021

This acquisition will allow the Company to pursue site of care opportunities beyond the hospital setting.

10-KFY2020
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Life Sciences

Market spend (2023–2025)
$68.3B
Market spend (2020–2022)
$107.5B
Recent vs prior
−36%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

14.0×EV / EBITDA

HAE trades at a -2.1-turn discount to the Life Sciences peer median of 16.1×.

EV / Revenue
2.7×
Net debt / EBITDA
3.4×
Peer median EV / EBITDA
16.1×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
19.1×4.7×-0.0×$45.2B$10.8B
18.8×4.3×-0.3×$20.6B$8B
Haemonetics CorporationHAE
14.0×2.7×3.4×$1.3B$398M
13.3×3.5×-0.1×$35.5B$2.2B
13.1×1.9×-0.2×$14.1B$2.1B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Life Sciences. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)302025-05-21
  • 10-Q (quarterly)902026-02-05
  • 8-K (event)2412026-05-07
  • Proxy / DEF 14A442025-06-06
  • Activism (13D / DFAN / PREC)162004-02-06

Signals on file

  • elevated

    Activism on file

    2004-02-06

    16 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

Haemonetics Corporation: Issuer Brief | SE-Cluster