M&A Deal Summary

Nova Biomedical Acquires Sanvita

On October 7, 2009, Nova Biomedical acquired healthcare services company Sanvita

Acquisition Highlights
  • This is Nova Biomedical’s 1st transaction in the Healthcare Services sector.
  • This is Nova Biomedical’s 1st transaction in the United States.
  • This is Nova Biomedical’s 1st transaction in Florida.

M&A Deal Summary

Date 2009-10-07
Target Sanvita
Sector Healthcare Services
Buyer(s) Nova Biomedical
Deal Type Add-on Acquisition

Target

Sanvita

Clearwater, Florida, United States
Sanvita, Inc. is a provider of diabetes testing supplies and Healthcare services.

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Buyer(S) 1

Buyer

Nova Biomedical

Waltham, Massachusetts, United States

Category Company
Founded 1976
Sector Healthcare Services
DESCRIPTION

Nova Biomedical provides analytical instruments and consumables for the biopharmaceutical and clinical markets. The company’s clinical products provide point-of-care analysis and monitoring of critical analytes including blood gases and glucose used to diagnose and monitor patients in hospital settings. Its biopharmaceutical products provide mission-critical analytics for research laboratories and drug manufacturing facilities, accelerating and improving the drug development process and product quality. Nova is headquartered in Waltham, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1