M&A Deal Summary

Meta Materials Acquires Nanotech

On August 5, 2021, Meta Materials acquired technology hardware company Nanotech for 91M CAD

Acquisition Highlights
  • This is Meta Materials’ 1st transaction in the Technology Hardware sector.
  • This is Meta Materials’ largest (disclosed) transaction.
  • This is Meta Materials’ 1st transaction in Canada.
  • This is Meta Materials’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2021-08-05
Target Nanotech
Sector Technology Hardware
Buyer(s) Meta Materials
Deal Type Add-on Acquisition
Deal Value 91M CAD
Advisor(s) Borden Ladner Gervais
Dorsey & Whitney LLP (Legal)

Target

Nanotech

Burnaby, British Columbia, Canada
website
Nanotech specializes in designing, originating, recombining, and mass-producing nanotechnology-based films with an application for a wide variety of products and markets. The company's customizable patented nano-optics include visual authentication technology with a unique combination of multiple colours, 3D depth and omni-directional movement. The visually engaging overt and covert security features are near impossible to reproduce and protect Government documents, banknotes, and other customer assets while delivering a memorable visual experience. Nanotech was formed in 1984 and is headquartered in Burnaby, Canada.

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Buyer(S) 1

Buyer

Meta Materials

Dartmouth, Nova Scotia, Canada

website


Category Company
Founded 2011
Sector Technology Hardware
Employees239
Revenue 4M USD (2021)
DESCRIPTION

Meta Materials is a smart materials and photonics company specializing in metamaterial research, nanofabrication, and computational electromagnetics. MTI's pioneering technology platform enables us to manipulate light for a variety of outcomes. Meta Materials was incorporated in 2011 and is based in Dartmouth, Canada.


DEAL STATS #
Overall 3 of 4
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 MediWise

London, United Kingdom

Medical Wireless Sensing Ltd. is a medtech knowledge-driven company that empowers individuals to take control of their health. MediWiSe is developing breakthrough solutions targeted at the big three: diabetes, cardiovascular disease and cancer.Medical Wireless Sensing was founded in 2010 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 Plasma App

Didcot, United Kingdom

Plasma App is the developer of PLASMAfusion, a first-of-its-kind, proprietary manufacturing platform technology, which enables high-speed coating of any solid material on any type of substrate.

Buy $20M