M&A Deal Summary

Allergan Aesthetics Acquires Soliton

On May 10, 2021, Allergan Aesthetics acquired medical products company Soliton for 550M USD

Acquisition Highlights
  • This is Allergan Aesthetics’ 1st transaction in the Medical Products sector.
  • This is Allergan Aesthetics’ largest (disclosed) transaction.
  • This is Allergan Aesthetics’ 1st transaction in the United States.
  • This is Allergan Aesthetics’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-05-10
Target Soliton
Sector Medical Products
Buyer(s) Allergan Aesthetics
Deal Type Add-on Acquisition
Deal Value 550M USD

Target

Soliton

Houston, Texas, United States
Soliton is a medical device company with a novel and proprietary platform technology licensed from The University of Texas on behalf of MD Anderson Cancer Center. Soliton's first FDA-cleared commercial product will use rapid pulses of acoustic shockwaves as an accessory to lasers for the removal of unwanted tattoos and the treatment of cellulite. Soliton is based in Houston, Texas, and is actively engaged in bringing the Rapid Acoustic Pulse ("RAP") device to the market. The company believes this "Soliton" method has the potential to lower tattoo removal costs for patients, while increasing profitability to practitioners, compared to current laser removal methods. Soliton is investigating potential additional capabilities of the RAP technology. The device is currently cleared in the United States only for use in tattoo removal and cellulite.

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Buyer(S) 1

Buyer

Allergan Aesthetics

Irvine, California, United States

Category Company
Sector Medical Products
DESCRIPTION

Allergan Aesthetics develops, manufactures, and markets a portfolio of leading aesthetics brands and products. Its aesthetics portfolio includes facial injectables, body contouring, plastics, skincare, and more. The company's goal is to consistently provide our customers with innovation, education, exceptional service, and a commitment to excellence, all with a personal touch.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1