M&A Deal Summary

Thorne HealthTech Acquires PreCon Health

On February 3, 2023, Thorne HealthTech acquired medical products company PreCon Health for 5M USD

Acquisition Highlights
  • This is Thorne HealthTech’s 1st transaction in the Medical Products sector.
  • This is Thorne HealthTech’s largest (disclosed) transaction.
  • This is Thorne HealthTech’s 2nd transaction in the United States.
  • This is Thorne HealthTech’s 1st transaction in Arizona.

M&A Deal Summary
Date 2023-02-03
Target PreCon Health
Sector Medical Products
Buyer(s) Thorne HealthTech
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

PreCon Health

Scottsdale, Arizona, United States
PreCon Health is a company focused on scientific discovery, innovation, and advancing safe and effective products that support healthy brain function. PreCon Health is based in Scottsdale, United States.

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Buyer(S) 1

Buyer

Thorne HealthTech

New York, New York, United States
Category Company
Founded 1984
Sector Information Technology
Revenue 229M USD (2022)
DESCRIPTION

Thorne HealthTech is a wellness company that utilizes testing and data to create improved product efficacy and deliver personalized solutions to consumers, health professionals, and corporations. Thorne HealthTech was founded in 1984 and is based in New York City.

DEAL STATS #
Overall 2 of 2
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Arizona) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-03 Nutrativa

New York, New York, United States

Nutrativa is a provider for two-dimensional ("2D") high-speed printing technology to provide healthier, environmentally superior alternatives to traditional beverages and gummies via dissolvable supplement discs. Nutrativa is based in New York.

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