M&A Deal Summary

QiG Group Acquires NeuroNexus Technologies

On February 17, 2012, QiG Group acquired medical products company NeuroNexus Technologies for 12M USD

Acquisition Highlights
  • This is QiG Group’s 1st transaction in the Medical Products sector.
  • This is QiG Group’s largest (disclosed) transaction.
  • This is QiG Group’s 1st transaction in the United States.
  • This is QiG Group’s 1st transaction in Michigan.

M&A Deal Summary

Date 2012-02-17
Target NeuroNexus Technologies
Sector Medical Products
Buyer(s) QiG Group
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

NeuroNexus Technologies

Ann Arbor, Michigan, United States
NeuroNexus Technologies is an active implantable medical device design firm specializing in developing and commercializing high-value neural interface technology, components and systems for neuroscience and clinical markets.

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Buyer(S) 1

Buyer

QiG Group

Blaine,, Minnesota, United States

Category Company
Founded 2008
Sector Life Science
DESCRIPTION

QIG Group, LLC engages in research and development of medical devices.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1