M&A Deal Summary

Solesis Acquires Polyzen

On November 2, 2022, Solesis acquired manufacturer Polyzen

Acquisition Highlights
  • This is Solesis’ 1st transaction in the Manufacturing sector.
  • This is Solesis’ 1st transaction in the United States.
  • This is Solesis’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2022-11-02
Target Polyzen
Sector Manufacturing
Buyer(s) Solesis
Deal Type Add-on Acquisition

Target

Polyzen

Apex, North Carolina, United States
Polyzen is a contract developer and manufacturer of custom medical-grade polymer components and products for the medical device and specialty industrial markets worldwide. The company develops concepts from prototype to full-scale production with a variety of technologies and services to meet demanding application and regulatory challenges. Its 75,000 sq. ft. facility is fully certified to ISO 9001:2015 and ISO 13485:2016 standards and is equipped to handle medical-grade polymer development, processing, and manufacturing. Polyzen is based in Apex, North Carolina.

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Buyer(S) 1

Buyer

Solesis

Perkasie, Pennsylvania, United States
Category Company
Founded 2012
Sector Medical Products
DESCRIPTION

Solesis is an innovative provider of biomaterials, tools, and services for the life science and medical technology industries. Solesis operates through two primary business divisions, Secant Group and Charter Medical. The Secant Group, which includes SanaVita Medical, is a supplier of biomaterials and implantable textile structures that enable repair, recovery, and regeneration of human tissue, as well as technical materials for the specialty chemical and aerospace markets. Charter Medical supplies single-use tools for cell culture expansion, cryopreservation, and fluid management that are used during the development and manufacturing of biopharmaceuticals, including cell and gene therapies. Solesis was founded in 2012 and is based in Perkasie, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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