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Announced

Completed

Abiomed completed the acquisition of preCARDIA.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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medical equipment

Acquisition

medical devices

Single Bidder

Domestic

United States

Friendly

Completed

Medical Equipment

Majority

Private

Synopsis

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Abiomed, a provider of medical devices, completed the acquisition of preCARDIA, a medical technology company. Financial terms were not disclosed. “Abiomed, with its mission of resting and recovering hearts, is uniquely positioned to build on the legacy of what we started. I am confident that the addition of our technology into Abiomed’s product portfolio will further improve outcomes for heart failure patients," Lisa Wipperman Heine, preCARDIA President and CEO.

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