M&A Deal Summary

Novo Healthnet Acquires Acenzia

On June 3, 2021, Novo Healthnet acquired life science company Acenzia

Acquisition Highlights
  • This is Novo Healthnet’s 1st transaction in the Life Science sector.
  • This is Novo Healthnet’s 1st transaction in Canada.
  • This is Novo Healthnet’s 1st transaction in Ontario.

M&A Deal Summary

Date 2021-06-03
Target Acenzia
Sector Life Science
Buyer(s) Novo Healthnet
Deal Type Add-on Acquisition

Target

Acenzia

Oldcastle, Ontario, Canada
Acenzia is a provider of nutraceutical health solutions through advanced bio-science research and development, proprietary manufacturing, and personalized diagnostics. Acenzia is based in Oldcastle, Ontario.

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Buyer(S) 1

Buyer

Novo Healthnet

Concord, Ontario, Canada

Category Company
Sector Healthcare Services
Employees140
DESCRIPTION

Novo Healthnet Ltd. is one of the Canada's largest Ancillary Health Service providers of physiotherapy, occupational therapy, chiropractic medicine and massage therapy. Novo is represented nationally by a network of over 140 clinics staffed and administered by licensed health care professionals, as well as over 130 Long Term Care and Retirement Homes for which Novo provides rehabilitation services.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1