M&A Deal Summary

ShockWave Medical Acquires Neovasc

On January 17, 2023, ShockWave Medical acquired medical products company Neovasc for 100M USD

Acquisition Highlights
  • This is ShockWave Medical’s 1st transaction in the Medical Products sector.
  • This is ShockWave Medical’s largest (disclosed) transaction.
  • This is ShockWave Medical’s 1st transaction in Canada.
  • This is ShockWave Medical’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2023-01-17
Target Neovasc
Sector Medical Products
Buyer(s) ShockWave Medical
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Neovasc

Richmond, British Columbia, Canada
Neovasc is a specialty medical device company that develops, manufactures, and markets products for the rapidly growing cardiovascular marketplace. Neovasc was founded in 2000 and is based in Richmond, British Columbia.

Search 198,123 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ShockWave Medical

Santa Clara, California, United States
Category Company
Founded 2009
Sector Life Science
Employees1,400
Revenue 730M USD (2023)
DESCRIPTION

Shockwave Medical is focused on developing and commercializing products intended to transform the way calcified cardiovascular disease is treated. Shockwave Medical aims to establish a new standard of care for the interventional treatment of atherosclerotic cardiovascular disease through differentiated and proprietary local delivery of sonic pressure waves for the treatment of calcified plaque, which the company refers to as Intravascular Lithotripsy (IVL). ShockWave Medical was founded in 2009 and is based in Santa Clara, California.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal