Investment Summary

Illumina Invests In Purpose Health

On March 16, 2022, Illumina invested in healthcare services company Purpose Health

Investment Highlights
  • This is Illumina’s 1st transaction in the Healthcare Services sector.
  • This is Illumina’s 18th transaction in the United States.
  • This is Illumina’s 1st transaction in Virginia.

Investment Summary

Date 2022-03-16
Target Purpose Health
Sector Healthcare Services
Investor(s) Illumina
Deal Type Stake Purchase

Target

Purpose Health

McLean, Virginia, United States
Purpose Health is a mental wellness company that supports consumers on their mental wellness journey with data-driven insights into the physiological impact of stress on the microbiome and body. Purpose Health is based in McLean, Virginia.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Illumina

San Diego, California, United States

Category Company
Founded 1998
Sector Life Science
Employees10,590
Revenue 4.4B USD (2024)
DESCRIPTION
Entrance to Illumina's corporate headquarters in San Diego, California.
Entrance to Illumina's corporate headquarters in San Diego, California.

Illumina is a developer, manufacturer, and marketer of life science tools and integrated systems for the analysis of genetic variation and function. Illumina provides innovative sequencing and array-based solutions for genotyping, copy number variation analysis, methylation studies, gene expression profiling, and low-multiplex analysis of DNA, RNA, and protein. Illumina was formed in 1998 and is based in San Diego, California.


DEAL STATS #
Overall 22 of 30
Sector: Healthcare Services M&A 1 of 2
Type: Stake Purchase M&A Deals 7 of 13
State: Virginia M&A 1 of 1
Country: United States M&A 18 of 21
Year: 2022 M&A 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 Rethink Bio

Pune, India

Rethink Bio is a synthetic biology company focused on harnessing the potential of microalgae to develop sustainable food solutions to benefit the planet and people. Rethink Bio was founded in 2020 and is based in Pune, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-14 Dama Health

London, United Kingdom

Dama Health is a women's health company that offers precision screening to identify the most suitable contraception type and formulation, empowering women, people assigned to females at birth, and clinicians to make personalized reproductive health decisions. Dama Health is based in London, United Kingdom.

Buy -