M&A Deal Summary

NBME Acquires MedVR Education

On February 15, 2024, NBME acquired information technology company MedVR Education

Acquisition Highlights
  • This is NBME’s 1st transaction in the Information Technology sector.
  • This is NBME’s 1st transaction in the United States.
  • This is NBME’s 1st transaction in Michigan.

M&A Deal Summary

Date 2024-02-15
Target MedVR Education
Sector Information Technology
Buyer(s) NBME
Deal Type Add-on Acquisition

Target

MedVR Education

South Lyon, Michigan, United States
MedVR Education is an extended reality (XR) platform for health care skill development. Its independent XR simulations empower learners to train anytime and anywhere, without the need for a moderator or instructor. Integrating cutting-edge technology, its simulations offer practical training that enhances efficiency and effectiveness. Immerse yourself in virtual reality medical simulations, where learners develop critical thinking skills, analyze complex situations, and make informed decisions. MedVR Education is based in South Lyon, Michigan.

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Buyer(S) 1

Buyer

NBME

Philadelphia, Pennsylvania, United States

Category Company
Sector Business Services
DESCRIPTION

NBME is a medical assessment organization that offers a portfolio of products that include assessment tools for every stage of the medical school journey, high-quality licensing exams, and a range of products and services for health professionals and educators. NBME is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1