M&A Deal Summary

Thorne Research Acquires Drawbridge Health

On May 25, 2021, Thorne Research acquired medical products company Drawbridge Health

Acquisition Highlights
  • This is Thorne Research’s 1st transaction in the Medical Products sector.
  • This is Thorne Research’s 2nd transaction in the United States.
  • This is Thorne Research’s 1st transaction in California.

M&A Deal Summary

Date 2021-05-25
Target Drawbridge Health
Sector Medical Products
Buyer(s) Thorne Research
Deal Type Add-on Acquisition

Target

Drawbridge Health

Menlo Park, California, United States
Drawbridge Health is a healthcare technology company focused on re-inventing the blood draw experience, enabling comfortable convenient blood sample collection anytime and anywhere. Drawbridge Health was founded in 2015 and is based in Menlo Park, California.

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Buyer(S) 1

Buyer

Thorne Research

Sandpoint, Idaho, United States

Category Company
Sector Life Science
DESCRIPTION

Thorne Research, Inc. is a developer and manufacturer of high-quality, premium supplements sold primarily through medical professionals and also directly to consumers. Thorne Research is based in Sandpoint, Idaho.


DEAL STATS #
Overall 2 of 2
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-23 Diversified Natural Products

New York, New York, United States

Diversified Natural Products develops novel, clinically proven and patent-protected specialty nutritional supplements for distribution through healthcare providers, particularly physicians.

Buy $40M