M&A Deal Summary

Lab21 Acquires Myconostica

On May 23, 2011, Lab21 acquired medical products company Myconostica from NMT Capital

Acquisition Highlights
  • This is Lab21’s 1st transaction in the Medical Products sector.
  • This is Lab21’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-05-23
Target Myconostica
Sector Medical Products
Buyer(s) Lab21
Sellers(s) NMT Capital
Deal Type Add-on Acquisition

Target

Myconostica

Surrey, United Kingdom
Myconostica develops and supplies molecular diagnostic products to aid rapid and accurate diagnosis of life-threatening invasive fungal infections. Myconostica is based in Surrey, United Kingdom.

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Buyer(S) 1

Buyer

Lab21

Cambridge, United Kingdom

Category Company
Sector Healthcare Services
DESCRIPTION

Lab21 provides diagnostic products and services to blood bank screening, medical diagnostics and drug discovery partners. Lab21 is based in Cambridge, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

NMT Capital

Norwell, Massachusetts, United States

Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

NMT Capital is a private equity firm focused on tech-oriented growth industries. Areas of interest include medical devices, diagnostics, biotechnology, specialty pharmaceutical, drug discovery tools, software, communications, information technology, and advanced materials. NMT Capital is based in Quincy, Massachusetts.


DEAL STATS #
Overall 2 of 10
Sector: Medical Products M&A 2 of 5
Type: Add-on Acquisition M&A Deals 2 of 9
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-10 Sabal Medical

Daniel Island, South Carolina, United States

Sabal Medical, Inc. is a Charleston, SC-based developer and manufacturer of proprietary medication safety solutions. The Sabal Solution replaces traditional medication cabinets, mobile medication carts and stand-alone point of care software.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-09 Spectra Analysis Instruments

Marlborough, Massachusetts, United States

Spectra Analysis Instruments is the developer and manufacturer of next-generation Molecular Analysis Instrumentation which solves the critical limitations of current Infrared technology being experienced by the life sciences and other industries, in the essential analysis of complex materials.

Buy -