Add-on Acquisition • Life Science

Spark Therapeutics Acquires Genable Technologies

On March 7, 2016, Spark Therapeutics acquired life science company Genable Technologies for 15M USD

Acquisition Context
  • This is Spark Therapeutics’ 1st transaction in the Life Science sector.
  • This is Spark Therapeutics’ largest (disclosed) transaction.
  • This is Spark Therapeutics’ 1st transaction in Ireland.

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M&A Deal Summary

Date March 7, 2016
Target Genable Technologies
Sector Life Science
Buyer(s) Spark Therapeutics
Deal Type Add-on Acquisition
Deal Value 15M USD

Target Company

Genable Technologies

Dublin, Ireland
Genable Technologies Ltd. is a development stage gene therapy company.
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Buyer Overview 1

Buyer

Spark Therapeutics

Philadelphia, Pennsylvania, United States

Category Company
Founded 2013
Sector Life Science
Employees50
Revenue 65M USD (2018)
DESCRIPTION

Spark Therapeutics, Inc. is a gene therapy provider seeking to transform the lives of patients with debilitating genetic diseases by developing one-time, life-altering treatments. Spark’s initial focus is on treating rare diseases where no, or only palliative, therapies exist. Spark Therapeutics was founded in 2013 and is based in Philadelphia, Pennsylvania.


Deal Context for Buyer #
Overall 1 of 1
Sector: Life Science 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Ireland 1 of 1
Year: 2016 1 of 1
Size (of disclosed) 1 of 1