M&A Deal Summary

IMAC Holdings Acquires Theralink

On May 23, 2023, IMAC Holdings acquired life science company Theralink

Acquisition Highlights
  • This is IMAC Holdings’ 1st transaction in the Life Science sector.
  • This is IMAC Holdings’ 1st transaction in the United States.
  • This is IMAC Holdings’ 1st transaction in Colorado.

M&A Deal Summary

Date 2023-05-23
Target Theralink
Sector Life Science
Buyer(s) IMAC Holdings
Deal Type Merger
Advisor(s) Joseph Gunnar & Co. (Financial)
K&L Gates (Legal)

Target

Theralink

Golden, Colorado, United States
Theralink is a proteomics-based, precision medicine company using its technology to target multiple areas of oncology and drug development. The company is actively working on a second assay that is planned to be a pan-tumor for solid tumors across multiple tumor types such as ovarian, endometrial, pancreatic, liver, head and neck, colorectal, lung, and prostate, among others. Theralink provides precision oncology data through its powerful Theralink Reverse Phase Protein Array assays to assist the biopharmaceutical industry and clinical oncologists in identifying likely responders and non-responders to both FDA-approved and investigational drug treatments. It intends to help improve cancer outcomes for patients, help reveal therapeutic options for oncologists, and support biopharmaceutical drug development by using a beyond-genomics approach to molecular profiling that directly measures drug target levels and activity. Theralink is based in Golden, Colorado.

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

Buyer(S) 1

Buyer

IMAC Holdings

Franklin, Tennessee, United States

Category Company
Founded 2000
Sector Healthcare Services
Employees15
Revenue 14M USD (2021)
DESCRIPTION

IMAC Holdings owns and manages health and wellness centers that deliver sports medicine, orthopedic care, and restorative joint and tissue therapies for movement-restricting pain and neurodegenerative diseases. The company is comprised of two business segments: outpatient medical centers and a clinical research division. With treatments to address both young and aging populations, it owns or manages outpatient medical clinics that deliver regenerative rehabilitation services as a minimally invasive approach to acute and chronic musculoskeletal and neurological health problems. IMAC Holdings was formed in 2000 and is based in Franklin, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1