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New Deal


Announced

Completed

Panakes Partners, INKEF Capital and SHS Gesellschaft led the $30m round in Salvia BioElectronics.

Financials

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Transaction Value£19m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Friendly

Cross Border

Minority

Private

Completed

Medical Equipment

medical equipment

Single Bidder

Acquisition

Private Equity

Synopsis

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Investment firms Panakes Partners, INKEF Capital and SHS Gesellschaft led the $30m round in Salvia BioElectronics, a neurostimulation platform company targeting chronic migraine. "We are delighted to welcome our new investors, and I would like to thank our existing investors for their continued support. This strong syndicate of highly renowned medical technology investors validates our approach and the funding enables us to complete our therapy development towards market entry," Hubert Martens, Salvia BioElectronic CEO.

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