Add-on Acquisition • Healthcare Services

Alere Acquires Tapestry Medical

On November 1, 2009, Alere acquired healthcare services company Tapestry Medical

Acquisition Context
  • This is Alere’s 5th transaction in the Healthcare Services sector.
  • This is Alere’s 14th transaction in the United States.
  • This is Alere’s 7th transaction in California.

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M&A Deal Summary

Date November 1, 2009
Target Tapestry Medical
Sector Healthcare Services
Buyer(s) Alere
Deal Type Add-on Acquisition

Target Company

Tapestry Medical

Livermore, California, United States
Tapestry Medical Inc is the only medical device company focused exclusively on self-testing with Coumadin warfarin.
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Buyer Overview 1

Buyer

Alere

Waltham, Massachusetts, United States

Category Company
Founded 1981
Sector Healthcare Services
Employees9,800
Revenue 2.6B USD (2014)
DESCRIPTION

Alere delivers reliable and actionable information through rapid diagnostic tests, resulting in better clinical and economic healthcare outcomes globally. Alere was founded in 1981 and is based in Waltham, Massachusetts.


Deal Context for Buyer #
Overall 16 of 24
Sector: Healthcare Services 5 of 6
Type: Add-on Acquisition 15 of 23
State: California 7 of 7
Country: United States 14 of 20
Year: 2009 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-21 Free & Clear

Seattle, Washington, United States

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-19 Nutritional Business/Inverness Medical Innovations/

Waltham, Massachusetts, United States

nutritional supplements business.

Sell -