M&A Deal Summary

OCuSOFT Acquires Digital Heat - Eyelid Warming Device

On June 27, 2019, OCuSOFT acquired medical products company Digital Heat - Eyelid Warming Device from Digital Heat

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

M&A Deal Summary

Date 2019-06-27
Target Digital Heat - Eyelid Warming Device
Sector Medical Products
Buyer(s) OCuSOFT
Sellers(s) Digital Heat
Deal Type Divestiture

Target

Digital Heat - Eyelid Warming Device

Phoenix, Arizona, United States
Digital Heat Corp. - Eyelid Warming Device is a powered heating pad for the application of localized heat therapy. Use for treatment when the current medical community recommends the application of a warm compress to the eyelids. Such applications would include Meibomian Gland Dysfunction (MGD), Dry Eye, Blepharitis, Stye, or Chalazia.

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Buyer(S) 1

Buyer

OCuSOFT

Rosenberg, Texas, United States

Category Company
Founded 1986
Sector Life Science
DESCRIPTION

OCuSOFT, Inc. is a USA-based eye and skin care company with an established reputation for innovation, particularly in Ocular Surface Disease (OSD). Since 1986, OCuSOFT has served the ophthalmic industry with a unique selection of proprietary brands and has recently been rapidly expanding its presence in the skin care market. OCuSOFT, most recognized for its #1 Doctor Recommended Brand of Eyelid Cleansers, OCuSOFT® Lid Scrub®, is dedicated to improving each patient's health by providing the highest quality products.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Digital Heat

Phoenix, Arizona, United States

Category Company
Sector Medical Products
DESCRIPTION

Digital Heat Corp. is a science and technology-based company engages in the manufacturer of FDA cleared, over-the-counter, electric eyelid heaters. Digital Heat Corp. are devoted towards healing and pain relief through the usage of precision designed eyelid heaters.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1