Paragon Care Limited (ASX:PGC) entered into an agreement to acquire Anaequip Medical Pty Ltd for AUD 2.3 million on January 25, 2018. Paragon Care Limited will pay AUD 1.84 million in cash and will pay AUD 0.46 million by the issue of fully paid ordinary shares. The acquisition represents an EBITDA multiple of 5.8x. The acquisition will be modestly earning per share accretive for Paragon Care Limited in financial year 2018. Paragon Care Limited (ASX:PGC) completed the acquisition of Anaequip Medical Pty Ltd on January 26, 2018. Paragon Care Limited issued 0.55 million shares as part of consideration.