M&A Deal Summary

Ximedica Acquires Accel Biotech

On July 14, 2016, Ximedica acquired medical products company Accel Biotech

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

M&A Deal Summary

Date 2016-07-14
Target Accel Biotech
Sector Medical Products
Buyer(s) Ximedica
Deal Type Add-on Acquisition

Target

Accel Biotech

Los Gatos, California, United States
Accel Biotech, Inc. is specializes in custom solutions for the biotechnology, medical and instrumentation markets. It design, develop, and manufacture products from concept through to production and OEM solutions for automation.

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Buyer(S) 1

Buyer

Ximedica

Providence, Rhode Island, United States

Category Company
Founded 1985
Sector Life Science
DESCRIPTION

Ximedica is a full-service ISO 13485-certified and FDA-registered product development firm. The company has been providing a unique growth platform enabling organizations to successfully deploy medical technology products into the market. Ximedica was formed in 1985 and is based in Providence, Rhode Island.


DEAL STATS #
Overall 2 of 2
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-18 Bridge Design

San Francisco, California, United States

Bridge Design, Inc. is a provider of medical and life sciences product designs. Bridge’s expertise in design strategy, industrial design and user experience, fluently merges with engineering.

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