M&A Deal Summary

Prevent Biometrics Acquires X2 Biosystems - Head Impact Monitoring Assets

On October 22, 2018, Prevent Biometrics acquired healthcare services company X2 Biosystems - Head Impact Monitoring Assets from X2 Biosystems

Acquisition Highlights
  • This is Prevent Biometrics’ 1st transaction in the Healthcare Services sector.
  • This is Prevent Biometrics’ 1st transaction in the United States.
  • This is Prevent Biometrics’ 1st transaction in Washington.

M&A Deal Summary

Date 2018-10-22
Target X2 Biosystems - Head Impact Monitoring Assets
Sector Healthcare Services
Buyer(s) Prevent Biometrics
Sellers(s) X2 Biosystems
Deal Type Divestiture

Target

X2 Biosystems - Head Impact Monitoring Assets

Seattle, Washington, United States
X2 Biosystems - Head Impact Monitoring Assets holds transformational potential for concussion safety.

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Buyer(S) 1

Buyer

Prevent Biometrics

Edina, Minnesota, United States

Category Company
Founded 2015
Sector Consumer Products
DESCRIPTION

Prevent Biometrics was founded to be a positive solution to the frightening concussion problems at all levels of sport. The company applies wearable technology to measure head impacts as they happen, and give coaches, athletic trainers and parents the data they need to help athletes to play safely.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

X2 Biosystems

Seattle, Washington, United States

Category Company
Founded 2010
Sector Healthcare Services
DESCRIPTION

X2 Biosystems, Inc. merges wearable impact monitoring devices, neurocognitive assessment tools, wireless communications, and cloud data analytics to deliver the complete continuum of care in concussion management for athletic, medical, military, and industrial markets to reduce the incidence, risks, and costs of head impacts and concussion injuries.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1