M&A Deal Summary

STRATA Acquires PhotoMedex - XTRAC and VTRAC Dermatology Business

On June 23, 2015, STRATA acquired life science company PhotoMedex - XTRAC and VTRAC Dermatology Business from FC Global Realty for 43M USD

Acquisition Highlights
  • This is STRATA’s 1st transaction in the Life Science sector.
  • This is STRATA’s largest (disclosed) transaction.
  • This is STRATA’s 1st transaction in the United States.

M&A Deal Summary

Date 2015-06-23
Target PhotoMedex - XTRAC and VTRAC Dermatology Business
Sector Life Science
Buyer(s) STRATA
Sellers(s) FC Global Realty
Deal Type Divestiture
Deal Value 43M USD

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Buyer(S) 1

Buyer

STRATA

Horsham, Pennsylvania, United States

Category Company
Founded 1989
Sector Medical Products
Employees99
Revenue 33M USD (2023)
DESCRIPTION

Strata is a designer and manufacturer of innovative software-driven medical technologies for physician clinical use during the detection of skin cancers at the most curable and cost-effective stages. STRATA was founded in 1989 and is based in Horsham, Pennsylvania.


DEAL STATS #
Overall 1 of 2
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-16 Ra Medical - Pharos Dermatology Business

Carlsbad, California, United States

Ra Medical’s Pharos Dermatology Business is FDA-cleared and used as a tool in the treatment of chronic skin diseases, including psoriasis, vitiligo, atopic dermatitis, and leukoderma.

Buy $4M

Seller(S) 1

SELLER

FC Global Realty

Willow Grove, Pennsylvania, United States

Category Company
Founded 1980
Sector Real Estate
Employees179
Revenue 38M USD (2016)
DESCRIPTION

FC Global Realty focused on real estate development and asset management, concentrating primarily on investments in and the management and development of income-producing real estate assets. FC Global’s objective is to generate current income and long-term net asset value growth using institutional best practices in evaluating its investments. FC Global Realty was founded in 1980 and is headquartered in Willow Grove, Pennsylvania.


DEAL STATS #
Overall 2 of 4
Sector (Life Science) 1 of 1
Type (Divestiture) 2 of 4
Country (United States) 2 of 4
Year (2015) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-13 LCA - Vision

Cincinnati, Ohio, United States

LasikPlus is a provider of fixed site laser vision correction services in the United States, operating 61 vision correction centers in 44 domestic markets under its LasikPlus brand name.

Buy $106M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-22 PhotoMedex - Consumer and Professional Businesses

United States

PhotoMedex - Consumer and Professional Businesses is a provider of consumer and professional products.

Sell $48M