Add-on Acquisition • Software

CareDx Acquires BFS Molecular

On March 17, 2021, CareDx acquired software company BFS Molecular

Acquisition Context
  • This is CareDx’s 4th transaction in the Software sector.
  • This is CareDx’s 1st transaction in Romania.

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M&A Deal Summary

Date March 17, 2021
Target BFS Molecular
Sector Software
Buyer(s) CareDx
Deal Type Add-on Acquisition

Target Company

BFS Molecular

Tamași, Romania
BFS Molecular is a software company focused on NGS-based patient testing solutions. BFS Molecular was founded in 2017 and is based in Tamași, Romania.
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Buyer Overview 1

Buyer

CareDx

South San Francisco, California, United States

Category Company
Founded 1998
Sector Life Science
Employees644
Revenue 334M USD (2024)
DESCRIPTION

CareDx is a molecular diagnostics company that applies modern genomics technologies to the development of molecular diagnostic assays that translate a patient's immune status into clinically actionable information. CareDx was founded in 1998 and is based in South San Francisco, California.


Deal Context for Buyer #
Overall 6 of 8
Sector: Software 4 of 5
Type: Add-on Acquisition 5 of 7
Country: Romania 1 of 1
Year: 2021 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-08 TransChart

Columbus, Ohio, United States

TransChart LLC is a provider of electronic health record software supporting the needs of US transplant centers. TransChart is based in Columbus, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-10 MedActionPlan

Peapack-Gladstone, New Jersey, United States

MedActionPlan is a provider of a tool for healthcare professionals to educate patients about medication safety and adherence technology. MedActionPlan is based in Peapack-Gladstone, New Jersey.

Buy -

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