M&A Deal Summary

Nerva Acquires Mahana Therapeutics - IBS Assets

On May 6, 2025, Nerva acquired medical products company Mahana Therapeutics - IBS Assets from Mahana Therapeutics

Acquisition Highlights
  • This is Nerva’s 1st transaction in the Medical Products sector.
  • This is Nerva’s 1st transaction in the United States.
  • This is Nerva’s 1st transaction in California.

M&A Deal Summary

Date 2025-05-06
Target Mahana Therapeutics - IBS Assets
Sector Medical Products
Buyer(s) Nerva
Sellers(s) Mahana Therapeutics
Deal Type Divestiture

Target

Mahana Therapeutics - IBS Assets

San Francisco, California, United States
Mahana Therapeutics's IBS Assets offers patients a convenient, effective, and evidence-based tool to alleviate symptoms and improve quality of life.

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Buyer(S) 1

Buyer

Nerva

Cremorne, Australia

Category Company
Sector Internet Software and Services
DESCRIPTION

Nerva is a digital therapeutic for IBS, offering access to evidence-based brain-gut behavioral therapy via mobile phone app. Referred by over 11,000 healthcare practitioners worldwide, the research-backed, six-week program has helped over 300,000 people better manage and live well with their IBS symptoms. Nerva is based in Cremorne, Australia.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Mahana Therapeutics

San Francisco, California, United States

Category Company
Founded 2018
Sector Consumer Services
DESCRIPTION

Mahana Therapeutics is a developer of digital chronic condition management programs designed to empower patients with chronic conditions to live fuller lives. The company’s first product, Mahana IBS, was the first digital therapeutic to receive FDA clearance for the treatment of IBS and provides cognitive behavioral therapy (CBT) to adults with IBS. Mahana Therapeutics was founded in 2018 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-12 Cara Care

Berlin, Germany

Cara Care is a digital therapeutic app for digestive diseases, which spans medication management as well as dietary and mental health interventions to improve gastrointestinal health.

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