M&A Deal Summary

Celera Acquires Berkeley HeartLab

On January 1, 2007, Celera acquired healthcare services company Berkeley HeartLab from Steelpoint Capital Partners

Acquisition Highlights
  • This is Celera’s 1st transaction in the Healthcare Services sector.
  • This is Celera’s 3rd transaction in the United States.
  • This is Celera’s 1st transaction in Alabama.

M&A Deal Summary
Date 2007-01-01
Target Berkeley HeartLab
Sector Healthcare Services
Buyer(s) Celera
Sellers(s) Steelpoint Capital Partners
Deal Type Add-on Acquisition

Target

Berkeley HeartLab

Alabaster, Alabama, United States
Berkeley HeartLab company is a healthcare technology & services company that provides cardiovascular disease management, with a unique focus on the secondary prevention market through a combination of proprietary lipid testing technology, esoteric testing capability, advanced therapy guidelines, sophisticated informatic tools, and patient support services.

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Buyer(S) 1

Buyer

Celera

Alameda, California, United States
Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Celera was founded in 1998 with the mission to sequence the human genome and provide clients with early access to the resulting data. Celera went on to build a successful database business, providing custom search tools and software that enabled dozens of pharmaceutical companies and hundreds of academic, government and biotech clients to use its findings in biological research.

DEAL STATS #
Overall 3 of 3
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Alabama) 1 of 1
Country (United States) 3 of 3
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-16 Axys Pharmaceuticals

South San Francisco, California, United States

Axys Pharmaceuticals, Inc. is a drug research and development firm.

Buy -

Seller(S) 1

SELLER

Steelpoint Capital Partners

Investor

Category Private Equity Firm
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Steelpoint Capital Partners is a private investment firm focused on investing in emerging consumer companies. Steelpoint is an active investor and pursues opportunities where it can provide guidance and expertise. Specific areas of interest include apparel, sporting goods, nutrition, and recreation. Steelpoint Capital Partners was formed in 2003 and is based in Carlsbad, California.

DEAL STATS #
Overall 4 of 17
Sector (Healthcare Services) 1 of 3
Type (Add-on Acquisition) 3 of 12
State (Alabama) 1 of 1
Country (United States) 3 of 16
Year (2007) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-11 MTN Satellite Communications

Miramar, Florida, United States

MTN Satellite Communications, Inc. is a provider of communications and content services for remote locations around the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-31 Scene7

San Francisco, California, United States

Scene7, Inc. enables sophisticated Internet commerce by providing an integrated suite of visual merchandising technologies, which include visual wrapping, 3D viewing and coordinating. Scene7, which began by developing the technology behind GoodHome.com, helps online businesses produce timely, interactive web sites that drive sales through advanced visualization and customization functionalities.

Sell -
Mergr

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