M&A Deal Summary

Salona Global Acquires Simbex

On September 30, 2021, Salona Global acquired business services company Simbex

Acquisition Highlights
  • This is Salona Global’s 1st transaction in the Business Services sector.
  • This is Salona Global’s 2nd transaction in the United States.
  • This is Salona Global’s 1st transaction in New Hampshire.
Investment Fate
  • Simbex was divested to a consortium of strategic buyers in 2024.

M&A Deal Summary
Date 2021-09-30
Target Simbex
Sector Business Services
Buyer(s) Salona Global
Deal Type Add-on Acquisition

Target

Simbex

Lebanon, New Hampshire, United States
website
Simbex is an IP-based business that has a portfolio of several revenues and royalty-generating products ranging from wearable technology to products for physical stability as well as expertise in the development and design of many medical devices on the market. Simbex is based in Lebanon, New Hampshire.

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Buyer(S) 1

Buyer

Salona Global

Del Mar, California, United States

website

Category Company
Sector Medical Products
DESCRIPTION

Salona Global is a medical device company that offers medical electro-therapy and custom wearable devices. Salona Global is bsaed in Del Mar, California.

DEAL STATS #
Overall 2 of 4
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (New Hampshire) 1 of 1
Country (United States) 2 of 4
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-21 South Dakota Partners

Clear Lake, South Dakota, United States

South Dakota Partners is a manufacturer of medical devices, full electronics box builds, PCBA’s, electrodes, drug delivery, and many other products involving electronics, electromechanical assemblies, and various types of material conversion. Its expertise extends into robotics and final assembly, packaging, kitting, distribution and repair. South Dakota Partners is based in Clear Lake, South Dakota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-22 Mio-Guard

Holt, Michigan, United States

Mio-Guard is a medical device sales and marketing business serving the mid-west United States. Mio-Guard is based in Holt, Michigan.

Buy -
Mergr

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