M&A Deal Summary

DiscernDx Acquires Applied Proteomics

On February 8, 2018, DiscernDx acquired life science company Applied Proteomics from Vulcan Capital for 2M USD

Acquisition Highlights
  • This is DiscernDx’s 1st transaction in the Life Science sector.
  • This is DiscernDx’s largest (disclosed) transaction.
  • This is DiscernDx’s 1st transaction in the United States.
  • This is DiscernDx’s 1st transaction in California.

M&A Deal Summary
Date 2018-02-08
Target Applied Proteomics
Sector Life Science
Buyer(s) DiscernDx
Sellers(s) Vulcan Capital
Deal Type Add-on Acquisition
Deal Value 2M USD

Target

Applied Proteomics

San Diego, California, United States
Applied Proteomics (API) is pioneering the best proteomics platform, a novel discovery approach to protein measurement-based diagnostics. API adopted an industrial approach to combine improved instrumentation, faster computing and extensive genome annotations with regimented standard operating procedures, extensive quality controls, and documented processes spanning hundreds of steps from sample collection to processing through informatics.

Search 198,242 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

DiscernDx

Palo Alto, California, United States
Category Company
Founded 2017
Sector Healthcare Services
DESCRIPTION

DiscernDx is a provider of precision medicine solutions that enables regular health monitoring, early disease detection, and personalized care for every individual, improving lives and transforming healthcare along the way. The company's mission is to empower everyone with access to individualized clinical and molecular data to proactively manage and make informed decisions about their health. DiscernDx was formed in 2017 and is based in Palo Alto, California.

DEAL STATS #
Overall 1 of 2
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (California) 1 of 2
Country (United States) 1 of 2
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-29 Luminist Labs

Newark, California, United States

Luminist Labs is a privately-held novel diagnostic platform company for the early detection and diagnosis of liver disease.

Buy -

Seller(S) 1

SELLER

Vulcan Capital

Seattle, Washington, United States

Investor

Category Family Office
Founded 1986
Size Mega
Type Sector Agnostic
DESCRIPTION

Vulcan Capital is the private investment group of Vulcan Inc., the organization founded by Paul G. Allen to manage his personal and professional endeavors. Vulcan Capital looks to invest at all company stages and will consider opportunities across an array of industries. Sectors of interest include business services, consumer products, distribution and logistics, energy and natural resources, financial services and insurance, healthcare, manufacturing, media, technology, and telecom. The Firm's target investment size is $10 to $100 million. In addition to direct investing, Vulcan Capital also makes fund investments as well as invests in public securities. Vulcan Inc. was formed in 1986 and has offices in Seattle, Washington and Palo Alto, California.

DEAL STATS #
Overall 25 of 29
Sector (Life Science) 4 of 4
Type (Add-on Acquisition) 12 of 14
State (California) 9 of 11
Country (United States) 24 of 27
Year (2018) 1 of 4
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-28 Redfin

Seattle, Washington, United States

Redfin is a technology-powered residential real estate brokerage. Redfin represents people buying and selling homes in over 80 markets throughout the United States. Redfin pairs its own agents with its own technology to create a service that costs less for consumers. Redfin meets customers through its listings-search website and mobile application, reducing the marketing costs that can keep fees high. Redfin was established in 2002 and is based in Seattle, Washington.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-12 Zuora

Redwood City, California, United States

Zuora is a global SaaS platform powering subscription-based business models. Zuora's applications are designed to automate billing, commerce, and finance operations for companies providing subscription-based services. Zuora was founded in 2006 and is based in Redwood City, California.

Sell -
Mergr

Product

Company

Legal