M&A Deal Summary

Genetic Technologies Acquires AffinityDNA

On July 14, 2022, Genetic Technologies acquired life science company AffinityDNA

Acquisition Highlights
  • This is Genetic Technologies’ 2nd transaction in the Life Science sector.
  • This is Genetic Technologies’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2022-07-14
Target AffinityDNA
Sector Life Science
Buyer(s) Genetic Technologies
Deal Type Add-on Acquisition

Target

AffinityDNA

East Sussex, United Kingdom
AffinityDNA is a DNA Testing company with more than 15 years’ experience in the DNA business and established partnerships with some of the most highly accredited DNA testing laboratories in the world. AffinityDNA offers a number of lifestyle and health and wellbeing tests, and animal testing relating to allergies and tolerances. AffinityDNA is based in East Sussex, United Kingdom.

Search 214,239 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

Genetic Technologies

Maroochydore, Australia

Category Company
Founded 1987
Sector Life Science
Revenue 8M USD (2024)
DESCRIPTION

Genetic Technologies is a diversified molecular diagnostics company that offers cancer predictive testing and assessment tools to help physicians proactively manage patient health. The Company’s products GeneType for Breast Cancer for non-hereditary breast cancer and GeneType for Colorectal Cancer have clinically validated risk assessment tests and are first in class. Genetic Technologies is developing a pipeline of risk assessment products. Genetic Technologies was founded in 1987 and is based in Maroochydore, Australia.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 EasyDNA

Elk Grove, California, United States

EasyDNA is a provider of DNA testing and genetic testing. EasyDNA’s network of online retail sales platforms offers fast and affordable home DNA testing that is reliable and confidential. They also offer a number of lifestyle and health and wellbeing tests, and animal testing relating to allergies and tolerances. EasyDNA was founded in 2007 and is based in Elk Grove, California.

Buy $4M