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Announced

Completed

SpotSee completed the acquisition of Biosynergy.

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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United States

Domestic

Private

Majority

Friendly

Acquisition

Completed

Medical Equipment

medical devices

Single Bidder

Synopsis

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SpotSee, a condition-indicating solutions provider, completed the acquisition of Biosynergy, a manufacturer of medical devices. Financial terms were not disclosed. “This acquisition enables SpotSee to strengthen our mission of reducing damage to products through both the supply and cold chain by adding blood temperature monitoring to our large and growing life science segment. The Biosynergy HemoTemp® brand is a market leader in blood bag monitoring that protects patients from receiving blood that has been exposed to excessive temperature. Its targeted focus and reputation of success makes it a great addition to our temperature-indicating solutions," Tony Fonk, SpotSee CEO.

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