M&A Deal Summary

Nox Health Acquires Somryst

On May 25, 2023, Nox Health acquired medical products company Somryst

Acquisition Highlights
  • This is Nox Health’s 1st transaction in the Medical Products sector.
  • This is Nox Health’s 1st transaction in the United States.
  • This is Nox Health’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2023-05-25
Target Somryst
Sector Medical Products
Buyer(s) Nox Health
Deal Type Add-on Acquisition

Target

Somryst

Boston, Massachusetts, United States
Somryst is a FDA cleared prescription digital therapeutic that delivers effective, first-line treatment for adults with chronic insomnia. Somryst is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Nox Health

Alpharetta, Georgia, United States

Category Company
Founded 2007
Sector Consumer Services
DESCRIPTION

Nox Health is a global sleep health company that improves the health of populations through better sleep. Nox provides a range of solutions from comprehensive sleep diagnostic technology for providers to value-based comprehensive sleep management programs for self-insured employers and payers. Nox Health was formed in 2007 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1