M&A Deal Summary

Brain Scientific Acquires Piezo Motion

On June 16, 2021, Brain Scientific acquired electrical equipment company Piezo Motion

Acquisition Highlights
  • This is Brain Scientific’s 1st transaction in the Electrical Equipment sector.
  • This is Brain Scientific’s 1st transaction in the United States.
  • This is Brain Scientific’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-06-16
Target Piezo Motion
Sector Electrical Equipment
Buyer(s) Brain Scientific
Deal Type Merger

Target

Piezo Motion

Sarasota, Florida, United States
Piezo Motion is a provider of piezo motor technology with multi-million dollar investment in the research and development of affordable piezoelectric motors to meet, and exceed, the needs of today's global markets. The company is committed to the development of innovative piezoelectric polymer actuators and electrode components that enhance their functionality in a multitude of applications. It works with startups, OEMs, research institutions, and industrial companies from around the world empowering the visionaries behind their products. Piezo Motion is based in Sarasota, Florida.

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Buyer(S) 1

Buyer

Brain Scientific

Bohemia, New York, United States
Category Company
Founded 2013
Sector Healthcare Services
DESCRIPTION

Brain Scientific is a commercial-stage healthcare company with two FDA-cleared products, providing next-gen solutions to the neurology market. The Company’s smart diagnostic devices and sensors simplify administration, shorten scan time and cut costs, allowing clinicians to make rapid decisions remotely and bridge the widening gap in access to neurological care. Brain Scientific was founded in 2013 and is headquartered in Bohemia, New York.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Merger) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-30 Brain Scientific - portfolio of EEG brain monitoring technologies and devices

United States

Brain Scientific's portfolio of EEG brain monitoring technologies and devices includes 16 patents, with the flagship products being a disposable NeuroCap and portable NeuroEEG, intended to enable neurologists to streamline their processes by enhancing throughput, increasing patient comfort, and mitigating contamination risks.

Sell -
Mergr

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Company

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