M&A Deal Summary

Precigen Acquires ActoGeniX NV

On February 13, 2015, Precigen acquired life science company ActoGeniX NV from GIMV for 60M USD

Acquisition Highlights
  • This is Precigen’s 6th transaction in the Life Science sector.
  • This is Precigen’s 3rd largest (disclosed) transaction.
  • This is Precigen’s 1st transaction in Belgium.

M&A Deal Summary

Date 2015-02-13
Target ActoGeniX NV
Sector Life Science
Buyer(s) Precigen
Sellers(s) GIMV
Deal Type Add-on Acquisition
Deal Value 60M USD

Target

ActoGeniX NV

Zwijnaarde, Belgium
ActoGenix develops therapies, based on its patented TopAct™ technology platform, which address major diseases requiring intensive medical care, including gastrointestinal problems, auto-immunity diseases, allergies and metabolic disorders. TopAct™ uses micro-organisms for the oral administration of proteins. ActoGeniX’s first product – for treating Crohn’s disease - has already been successfully tested on patients.

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Buyer(S) 1

Buyer

Precigen

Germantown, Maryland, United States

Category Company
Founded 1998
Sector Life Science
Employees143
Revenue 4M USD (2024)
DESCRIPTION

Precigen provides biologically based products and processes that improve the quality of life and health of the planet. The science underlying these products is known as synthetic biology – an engineered approach to the field of biology. Precigen was founded in 1998 and is based in Germantown, Maryland.


DEAL STATS #
Overall 6 of 10
Sector: Life Science M&A 6 of 9
Type: Add-on Acquisition M&A Deals 4 of 7
Country: Belgium M&A 1 of 1
Year: 2015 M&A 2 of 4
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-26 Exemplar Genetics

Sioux Center, Iowa, United States

Exemplar Genetics LLC is a provider of models and services that aid scientists in the development of next-generation procedures, devices and therapeutics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 Okanagan Specialty Fruits

Summerland, British Columbia, Canada

Okanagan Specialty Fruits, Inc. is a agriculture biotechnology company. It specializes in developing tree fruit varieties with novel attributes.

Buy $31M

Seller(S) 1

SELLER

GIMV

Antwerp, Belgium

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

GIMV is a Belgium based public investment company focused on private equity and venture capital investments in tech-based businesses. GIMV's private equity practice operates through its Corporate Investment unit and targets management buyouts, buy-ins, and growth capital financings of companies with annual sales between EUR15 and EUR150 million. For buyout opportunities GIMV generally takes a majority stake in businesses and for growth capital needs, GIMV takes a minority position. GIMV does not invest in publicly held companies or turnaround situations. GIMV's geographic focus is within Belgium, Netherlands, Germany, and France. GIMV also invests in Russia through Eagle Capital Partners, a partnership with KBC Private Equity. GIMV was formed in 1980 and is headquartered in Antwerp with additional offices in The Hague, Frankfurt, Munich, and Paris.


DEAL STATS #
Overall 59 of 111
Sector: Life Science M&A 7 of 13
Type: Add-on Acquisition M&A Deals 28 of 58
Country: Belgium M&A 20 of 35
Year: 2015 M&A 4 of 9
Size (of disclosed) 11 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Easyvoyage

Paris, France

Easyvoyage is a French information and comparison site on travelling . Easyvoyage with a group of web sites combine comparison engines with several filters (flights, all-in, hotels,…), and extensive, mainly proprietary, content provided by about 20 in-house journalists. Easyvoyage forms a vital link between internet users and online shops (travel agencies, tour operators,…). Easyvoyage was founded in 2000 and is based in Paris, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-27 United Dutch Breweries

Breda, Netherlands

United Dutch Breweries is a supplier of specialty beers, such as non-alcoholic beers, stout beers and dark malt beverages. United Dutch Breweries was founded in 1968 and is based in Breda, Netherlands.

Buy -