M&A Deal Summary

Summa Equity Acquires Axion BioSystems

On July 15, 2021, private equity firm Summa Equity acquired medical products company Axion BioSystems

Acquisition Highlights
  • This is Summa Equity’s 1st transaction in the Medical Products sector.
  • This is Summa Equity’s 1st transaction in the United States.
  • This is Summa Equity’s 1st transaction in Georgia.

M&A Deal Summary

Date 2021-07-15
Target Axion BioSystems
Sector Medical Products
Buyer(s) Summa Equity
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) William Blair (Financial)
Jones Day (Legal)

Target

Axion BioSystems

Atlanta, Georgia, United States
Axion BioSystems is a life science tools company focused on developing and commercializing label-free, bioelectronic assays used to study the function of live cells in vitro, to enable drug discovery, and disease modeling. Axion BioSystems was founded in 2008 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Summa Equity

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2016
PE ASSETS 14.0B SEK
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Summa Equity is a private equity firm that looks to invest €10 to €50 million per transaction and pursues growing companies with significant business relations in the Nordic region. Summa Equity was formed in 2016 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 18 of 25
Sector (Medical Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 8 of 10
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2021) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 myneva

Essen, Germany

myneva is an European software providers for the social care sector. myneva helps to digitize workflows and supports the increasing convergence of client needs across the elderly, disabled, social and youth care segments. myneva was founded in 2017 and is based in Hamburg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 G-CON Manufacturing

College Station, Texas, United States

G-CON Manufacturing designs, builds and installs prefabricated G-CON POD® cleanrooms. G-CON’s POD portfolio provides cleanrooms in a number of dimensions for a variety of uses, from laboratory environments to personalized medicine and production process platforms. G-CON Manufacturing was founded in 2009 and is based in College Station, Texas.

Buy -