M&A Deal Summary

Tivic Acquires Reliefband

On October 17, 2022, Tivic acquired electronics company Reliefband for 34M USD

Acquisition Highlights
  • This is Tivic’s 1st transaction in the Electronics sector.
  • This is Tivic’s largest (disclosed) transaction.
  • This is Tivic’s 1st transaction in the United States.
  • This is Tivic’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2022-10-17
Target Reliefband
Sector Electronics
Buyer(s) Tivic
Deal Type Add-on Acquisition
Deal Value 34M USD

Target

Reliefband

Horsham, Pennsylvania, United States
Reliefband is neuromodulation (the alteration of nerve activity through targeted delivery of a stimulus to specific neurological sites in the body) and wearable technology company. The company devices are powered by proven science, objective data, and clinical research for the treatment of nausea and vomiting. Using highly effective and responsive technology, its digital wearable devices are clinically tested, FDA-cleared, and endorsed by the medical profession. Easy to use, comfortable and adjustable, they bring a life-changing approach to treatment so that people overcome life's uncomfortable moments. Reliefband was formed in 2015 and is based in Horsham, Pennsylvania.

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Buyer(S) 1

Buyer

Tivic

Hayward, California, United States

Category Company
Founded 2016
Sector Electronics
Employees9
Revenue 1M USD (2023)
DESCRIPTION

Tivic is a commercial-phase health technology company delivering non-invasive bioelectronic treatments that provide consumers with a choice in the treatment of inflammation and immune-related conditions. Tivic was formed in 2016 and is based in Hayward, California.


DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1