M&A Deal Summary

DNAtrix Acquires VectorLogics

On October 23, 2012, DNAtrix acquired life science company VectorLogics from Greer Capital Advisors

Acquisition Highlights
  • This is DNAtrix’s 1st transaction in the Life Science sector.
  • This is DNAtrix’s 1st transaction in the United States.
  • This is DNAtrix’s 1st transaction in Alabama.

M&A Deal Summary

Date 2012-10-23
Target VectorLogics
Sector Life Science
Buyer(s) DNAtrix
Sellers(s) Greer Capital Advisors
Deal Type Add-on Acquisition

Target

VectorLogics

Birmingham, Alabama, United States
VectorLogics (VLI) is a biotechnology company focused on the development and commercialization of virus based cancer therapies and therapeutic vaccines for viral liver diseases.

Search 214,503 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

DNAtrix

Houston, Texas, United States

Category Company
Sector Healthcare Services
DESCRIPTION

DNAtrix is a privately held biotech company focusing on the development of oncolytic viruses for cancer.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alabama M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Greer Capital Advisors

Mountain Brook, Alabama, United States

Investor


Category Private Equity Firm
Founded 2002
Size Small
Type Sector Focused
DESCRIPTION

Greer Capital Advisors (GCA) is a specialized, heathcare focused private equity firm that targets investments in Alabama based companies. Within healthcare, GCA looks for companies in the pharmaceutical, biotechnology, medical device, and diagnostics industries. GCA prefers early and growth stage investments and generally seeks to invest between $1 to $2 million per transaction. Greer Capital Advisors was formed in 2002 and is based in Birmingham, Alabama.


DEAL STATS #
Overall 10 of 13
Sector: Life Science M&A 8 of 10
Type: Add-on Acquisition M&A Deals 7 of 10
State: Alabama M&A 5 of 7
Country: United States M&A 10 of 13
Year: 2012 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-05 Halo Monitoring

Huntsville, Alabama, United States

Halo Monitoring is an ?aging in place technology? company. Halo?s product-service offering, myHalo, provides seniors, caregivers, and their families the most accurate and easy to use fall monitoring system and alert system on the market. Unlike manually activated alarm systems ('panic buttons'), which have been proven ineffective, myHalo uses proprietary motion signal processing technology and a 24/7 call center to automatically detect falls and ensure that fallen seniors can receive assistance when needed.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-04 Vidacare

Shavano Park, Texas, United States

Vidacare Corp. is a provider of intraosseous (IO), or inside the bone access devices.

Sell $263M