M&A Deal Summary

Soleno Acquires NeoForce Group

On September 8, 2015, Soleno acquired medical products company NeoForce Group for 1M USD

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

M&A Deal Summary

Date 2015-09-08
Target NeoForce Group
Sector Medical Products
Buyer(s) Soleno
Deal Type Add-on Acquisition
Deal Value 1M USD

Target

NeoForce Group

Ivyland, Pennsylvania, United States
NeoForce Group, Inc. is a developer of innovative pulmonary resuscitation solutions for the inpatient and ambulatory neonatal markets.

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Buyer(S) 1

Buyer

Soleno

Redwood City, California, United States

Category Company
Founded 1999
Sector Medical Products
Employees20
Revenue 1M USD (2016)
DESCRIPTION

Soleno is a developer and commercializes novel products based on its proprietary technologies for precision metering of gas flow. Soleno was founded in 1999 and is based in Redwood City, California.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1