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New Deal


Announced

Hitachi High-Tech led a $38m round in Nabsys.

Financials

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Transaction Value£31m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

United States

Single Bidder

Cross Border

Completed

Acquisition

Private

Biotechnology

nanodetector

genome modification

Friendly

Synopsis

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Hitachi High-Tech, an electronics components manufacturer, led a $38m round in Nabsys, a biotechnology company. “Our first-generation HDM instruments have been in customers’ hands for over a year now and have been very well-received,” said Bready. “We are excited to capitalize on the highly scalable nature of our high-speed, single-molecule, electronic detection to increase throughput and expand the application space," Barrett Bready, Nabsys Founder and CEO.

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