M&A Deal Summary

Avanos Acquires Diros Technology

On June 19, 2023, Avanos acquired semiconductors company Diros Technology

Acquisition Highlights
  • This is Avanos’ 1st transaction in the Semiconductors sector.
  • This is Avanos’ 1st transaction in Canada.
  • This is Avanos’ 1st transaction in Ontario.

M&A Deal Summary
Date 2023-06-19
Target Diros Technology
Sector Semiconductors
Buyer(s) Avanos
Deal Type Add-on Acquisition

Target

Diros Technology

Toronto, Ontario, Canada
Diros Technology is a manufacturer of innovative radiofrequency (RF) products used to treat chronic pain conditions. Diros develops and markets a portfolio of products including RF generators, cannulae and unique tined probe technology marketed under the Trident™ brand. Diros Technology is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Avanos

Alpharetta, Georgia, United States
Category Company
Founded 2014
Sector Medical Products
Employees3,771
Revenue 673M USD (2023)
DESCRIPTION

Avanos is a medical technology company that provides healthcare solutions focused on preventing infection, eliminating pain and speeding recovery. Avanos was founded in 2014 and is based in Alpharetta, Georgia.

DEAL STATS #
Overall 4 of 4
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-08 Avanos Medical - Respiratory Health Business

Alpharetta, Georgia, United States

Avanos Medical's Respiratory Health Business provides BALLARD*, MICROCUFF*, and endOclear® brands including closed suction catheters, endotracheal tubes, and oral care solutions.

Sell -
Mergr

Product

Company

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