Divestiture • Information Technology

PainReform Acquires DeepSolar

On February 18, 2025, PainReform acquired information technology company DeepSolar from BladeRanger

Acquisition Context
  • This is PainReform’s 1st transaction in the Information Technology sector.
  • This is PainReform’s 1st transaction in Israel.

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M&A Deal Summary

Date February 18, 2025
Target DeepSolar
Sector Information Technology
Buyer(s) PainReform
Sellers(s) BladeRanger
Deal Type Divestiture

Target Company

DeepSolar

Ramat Gan, Israel
DeepSolar is an AI-powered analytics company that optimizes the efficiency and profitability of solar energy assets. DeepSolar leverages proprietary software and AI-driven automation tools, providing a significant competitive advantage in solar energy management.
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Buyer Overview 1

Buyer

PainReform

Tel Aviv, Israel

Category Company
Founded 2007
Sector Life Science
Employees2
Revenue 10M USD (2023)
DESCRIPTION

PainReform is a specialty pharmaceutical company that engages in the development of products for the treatment of pain in Israel. The company develops PRF-110, a product based on local anesthetic ropivacaine, which completed Phase II clinical study in hernia repair. PainReform was founded in 2007 and is based in Tel Aviv, Israel.


Deal Context for Buyer #
Overall 1 of 2
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
Country: Israel 1 of 1
Year: 2025 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-12 LayerBio

Lexington, Massachusetts, United States

LayerBio is a biotechnology company advancing sustained-release drug delivery technologies in ophthalmology. The company's lead product candidate OcuRing, is a patent-protected, sustained-release intraocular ring designed to deliver Ketoralac, an anti-inflammatory and analgesic drug, to be introduced intra-surgically during cataract procedures. It is a bioerodible implant that offers a transformative alternative to the current standard of care, which commonly relies on frequent topical eye drops, including corticosteroids and NSAIDs. LayerBio is based in Lexington, Massachusetts.

Buy -

Seller Profile 1

SELLER

BladeRanger

Ramat Gan, Israel

Category Company
Founded 2015
Sector Electronics
Employees21
DESCRIPTION

BladeRanger develops autonomous mobile robotic systems for cleaning and inspection of solar panels. BladeRanger was founded in 2015 and is based in Ramat Gan, Israel.


Deal Context for Seller #
Overall 1 of 2
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 2
Country: Israel 1 of 2
Year: 2025 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-13 Solar Drone

Petah Tikva, Israel

Solar Drone develops autonomous drone-based technology for cleaning solar-panel installations, including large utility-scale arrays, rooftops and floating photovoltaics. Solar Drone was founded in 2020 and is based in Petah Tikva, Israel.

Sell -