M&A Deal Summary

Evome Medical Technologies Acquires Biodex Medical Systems - Physical Medicine Assets

On November 29, 2022, Evome Medical Technologies acquired medical products company Biodex Medical Systems - Physical Medicine Assets from Biodex Medical Systems

Acquisition Highlights
  • This is Evome Medical Technologies’ 3rd transaction in the Medical Products sector.
  • This is Evome Medical Technologies’ 4th transaction in the United States.
  • This is Evome Medical Technologies’ 1st transaction in New York.

M&A Deal Summary
Date 2022-11-29
Target Biodex Medical Systems - Physical Medicine Assets
Sector Medical Products
Buyer(s) Evome Medical Technologies
Sellers(s) Biodex Medical Systems
Deal Type Divestiture

Target

Biodex Medical Systems - Physical Medicine Assets

Shirley, New York, United States
Biodex Medical Systems' Physical Medicine Assets including all intellectual property for the physical therapy and athletic industries, including inventory. Biodex Medical Systems' Physical Medicine Assets are based in Shirley, New York.

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Buyer(S) 1

Buyer

Evome Medical Technologies

Shirley, New York, United States
Category Company
Sector Medical Products
Employees195
Revenue 63M CAD (2023)
DESCRIPTION

Evome Medical Technologies is a medical device company that offers medical electro-therapy and custom wearable devices. Evome Medical Technologies is bsaed in Shirley, New York.

DEAL STATS #
Overall 4 of 4
Sector (Medical Products) 3 of 3
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 4 of 4
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-22 Mio-Guard

Holt, Michigan, United States

Mio-Guard is a medical device sales and marketing business serving the mid-west United States. Mio-Guard is based in Holt, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 Simbex

Lebanon, New Hampshire, United States

Simbex is an IP-based business that has a portfolio of several revenues and royalty-generating products ranging from wearable technology to products for physical stability as well as expertise in the development and design of many medical devices on the market. Simbex is based in Lebanon, New Hampshire.

Sell -

Seller(S) 1

SELLER

Biodex Medical Systems

Shirley, New York, United States
Category Company
Sector Medical Products
DESCRIPTION

Biodex Medical Systems, Inc. uses science and technology to drive treatment innovation across physical medicine, nuclear medicine, and medical imaging categories. With a history of manufacturing and engineering excellence that spans more than 60 years, the Biodex mission is to provide innovative solutions and customer-driven support to medical facilities and wellness centers around the globe.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

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