M&A Deal Summary

Maravai Acquires Glen Research

On January 3, 2018, Maravai acquired life science company Glen Research

Acquisition Highlights
  • This is Maravai’s 1st transaction in the Life Science sector.
  • This is Maravai’s 2nd transaction in the United States.
  • This is Maravai’s 1st transaction in Virginia.

M&A Deal Summary

Date 2018-01-03
Target Glen Research
Sector Life Science
Buyer(s) Maravai
Deal Type Add-on Acquisition

Target

Glen Research

Sterling, Virginia, United States
Glen Research Corp. is a provider of a wide range of reagents used in the synthesis of DNA and RNA. Glen Research was founded in 1987 and is based in Sterling, Virginia.

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Buyer(S) 1

Buyer

Maravai

San Diego, California, United States

Category Company
Founded 2020
Sector Life Science
Employees570
Revenue 289M USD (2023)
DESCRIPTION

Maravai’s mission is to build a transformative company in the in vitro diagnostics and life sciences tools markets by acquiring outstanding businesses in these spaces and accelerating their growth. Maravai was founded in 2020 and is based in San Diego, California.


DEAL STATS #
Overall 2 of 5
Sector (Life Science) 1 of 4
Type (Add-on Acquisition) 2 of 4
State (Virginia) 1 of 1
Country (United States) 2 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 Vector Laboratories

Newark, California, United States

Vector Laboratories is a provider of life science products, including labeling and detection reagents, that help medical and scientific researchers visualize cells in experiments that are central to the understanding of cancer and other diseases. Vector Laboratories was founded in 1976 and is based in Newark, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-17 MockV Solutions

Rockville, Maryland, United States

MockV Solutions is a biotechnology company developing a series of analytical kits that will enable benchtop scientists to easily and economically quantify viral clearance in industrial processes. MockV Solutions is based in Rockville, Maryland.

Buy -