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  6. Lifeward Acquires AlterG

M&A Deal Summary

Lifeward Acquires AlterG

On August 8, 2023, Lifeward acquired machinery company AlterG for 19M USD

Acquisition Highlights
  • This is Lifeward’s 1st transaction in the Machinery sector.
  • This is Lifeward’s largest (disclosed) transaction.
  • This is Lifeward’s 1st transaction in the United States.
  • This is Lifeward’s 1st transaction in California.

M&A Deal Summary
Date 2023-08-08
Target AlterG
Sector Machinery
Buyer(s) Lifeward
Deal Type Add-on Acquisition
Deal Value 19M USD

Target

AlterG

Fremont, California, United States
AlterG uses unique gravity-defying technology, originally developed for NASA, to redefine physical rehabilitation and training. Its Anti-Gravity systems augment physical deficits and increase mobility to improve orthopedic rehabilitation, the management of neurological and chronic conditions, and athletic performance. AlterG was formed in 2005 and is based in Fremont, California.

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Buyer(S) 1

Buyer

Lifeward

Yokneam Illit, Israel
Category Company
Founded 2001
Sector Medical Products
Employees108
Revenue 26M USD (2024)
DESCRIPTION

Lifeward is a medical device company that designs, develops, and commercializes innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions. Lifeward was founded in 2000 and is based in Yokneam Illit, Israel.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
Size (of disclosed) 1 of 1
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