M&A Deal Summary

Nuance Medical Acquires BioCorneum

On April 3, 2024, Nuance Medical acquired medical products company BioCorneum from Sientra

Acquisition Highlights
  • This is Nuance Medical’s 1st transaction in the Medical Products sector.
  • This is Nuance Medical’s 3rd transaction in the United States.
  • This is Nuance Medical’s 1st transaction in Georgia.

M&A Deal Summary

Date 2024-04-03
Target BioCorneum
Sector Medical Products
Buyer(s) Nuance Medical
Sellers(s) Sientra
Deal Type Divestiture

Target

BioCorneum

Suwanee, Georgia, United States
BioCorneum is a quick drying, patented silicone gel that creates an invisible, breathable, flexible, and waterproof silicone sheet over scars. BioCorneum is based in Suwanee, Georgia.

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Buyer(S) 1

Buyer

Nuance Medical

Carlsbad, California, United States

Category Company
Sector Medical Products
DESCRIPTION

Nuance Medical is a designer, developer, and marketer of branded and private-label medical products. The company develops innovative products in under-served, niche markets in the healthcare sector. Nuance's capabilities include product development, distribution, sales and marketing expertise, and deep relationships with healthcare distributors. Nuance Medical was founded in 2013 and is based in Carlsbad, California.


DEAL STATS #
Overall 3 of 3
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Beutlich

Bunnell, Florida, United States

Beutlich is a provider of topical anesthetic products serving medical and dental professionals. Its product offering spans a variety of delivery methods, including gels, sprays, and liquids. Beutlich was founded in 1954 and is based in Bunnell, Florida.

Buy -

Seller(S) 1

SELLER

Sientra

Santa Barbara, California, United States

Category Company
Founded 2003
Sector Life Science
Employees255
Revenue 81M USD (2021)
DESCRIPTION

Sientra is a medical aesthetics company committed to making a difference in patients' lives by enhancing their body image, growing their self-esteem and restoring their confidence. Sientra was founded in 2003 and is based in Santa Barbara, California.


DEAL STATS #
Overall 2 of 2
Sector (Medical Products) 1 of 1
Type (Divestiture) 2 of 2
State (Georgia) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 AuraGen Aesthetic

Weston, Massachusetts, United States

AuraGen Aesthetic is a developer & commercializes novel systems for autologous fat grafting. AuraGen Aesthetic is based in Weston, Massachusetts.

Buy $1M