M&A Deal Summary

Veranex Acquires Ximedica

On June 16, 2021, Veranex acquired life science company Ximedica

Acquisition Highlights
  • This is Veranex’s 2nd transaction in the Life Science sector.
  • This is Veranex’s 2nd transaction in the United States.
  • This is Veranex’s 1st transaction in Rhode Island.

M&A Deal Summary
Date 2021-06-16
Target Ximedica
Sector Life Science
Buyer(s) Veranex
Deal Type Add-on Acquisition

Target

Ximedica

Providence, Rhode Island, United States
website
Ximedica is a full-service ISO 13485-certified and FDA-registered product development firm. The company has been providing a unique growth platform enabling organizations to successfully deploy medical technology products into the market. Ximedica was formed in 1985 and is based in Providence, Rhode Island.

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Buyer(S) 1

Buyer

Veranex

Raleigh, North Carolina, United States

website

Category Company
Sector Business Services
DESCRIPTION

Veranex is a comprehensive, global, tech-enabled service provider dedicated to the medical technology industry. Offering expert guidance for each of its four concept-through-commercialization pillars: engineering and design, clinical, market access, and regulatory. The company enables accelerated speed to market, controlled development costs, development risk mitigation, and accelerated market viability assessment. At every stage, its customers realize efficiencies in cost and time, while its comprehensive solutions unify the entire development process. Veranex is based in Raleigh, North Carolina.

DEAL STATS #
Overall 2 of 11
Sector (Life Science) 2 of 3
Type (Add-on Acquisition) 2 of 11
State (Rhode Island) 1 of 1
Country (United States) 2 of 7
Year (2021) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 Quartesian

Princeton, New Jersey, United States

Quartesian is a provider of clinical data services to its clients, allowing them to take control of their data and clinical trial. The company's services deliver the quality, expertise, and speed you need to propel your trial forward. Quartesian was formed in 2003 and is based in Princeton, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-17 Boston Healthcare Associates

Boston, Massachusetts, United States

Boston Healthcare Associates is a global strategy consulting firm that advises clients on how to optimize innovation value in a complex clinical and economic environment. The company helps clients unlock the value of medical devices, diagnostics, and biopharmaceuticals that have the potential to transform patient care and significantly improve health outcomes. BHA’s multi-disciplinary, global teams bring deep industry and functional expertise and a range of perspectives to initiate change through leading-edge insights and advisory. It works in a uniquely collaborative model across the firm and throughout all levels of an organization to deliver results that helps clients grow and achieve, Boston Healthcare Associates is based in Boston, Massachusetts.

Buy -
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