M&A Deal Summary

Advanced Instruments Acquires Nova Biomedical

On March 19, 2025, Advanced Instruments acquired healthcare services company Nova Biomedical

Acquisition Highlights
  • This is Advanced Instruments’ 1st transaction in the Healthcare Services sector.
  • This is Advanced Instruments’ 1st transaction in the United States.
  • This is Advanced Instruments’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2025-03-19
Target Nova Biomedical
Sector Healthcare Services
Buyer(s) Advanced Instruments
Deal Type Merger
Advisor(s) Jefferies (Financial)
Davis Polk & Wardwell (Legal)

Target

Nova Biomedical

Waltham, Massachusetts, United States
Nova Biomedical provides analytical instruments and consumables for the biopharmaceutical and clinical markets. The company’s clinical products provide point-of-care analysis and monitoring of critical analytes including blood gases and glucose used to diagnose and monitor patients in hospital settings. Its biopharmaceutical products provide mission-critical analytics for research laboratories and drug manufacturing facilities, accelerating and improving the drug development process and product quality. Nova is headquartered in Waltham, Massachusetts.

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Buyer(S) 1

Buyer

Advanced Instruments

Norwood, Massachusetts, United States

Category Company
Founded 1955
Sector Test/Measurement Equipment
DESCRIPTION

Advanced Instruments is a designer, manufacturer, and marketer of laboratory test equipment and related consumables for use in clinical, food and dairy, microbiology, pharmaceutical, and biotech markets. With an array of technical competencies, including being the world’s foremost authority on the application of Freezing Point Depression technology for measuring the osmolality of solutions, AI serves thousands of end-users in over 90 countries under the Advanced Instruments, Fiske, and Mart Microbiology brands. Advanced Instruments was founded in 1955 and is based in Norwood, Massachusetts.


DEAL STATS #
Overall 3 of 3
Sector (Healthcare Services) 1 of 1
Type (Merger) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 SAL Scientific

Hampshire, United Kingdom

SAL Scientific is a developer of innovative mammalian cell biology reagents for research and drug discovery workflows. SAL Scientific is based in Hampshire, United Kingdom.

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