.
MergerLinks Header Logo

New Deal


Announced

Biolog-id to go public via a SPAC merger with Genesis Growth Tech Acquisition in a $312m.

Financials

Edit Data
Transaction Value£264m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Reverse Takeover

Health Care Services

Cross Border

Friendly

Majority

Pending

Acquisition

France

Merger

Single Bidder

Private

digital healthcare

health solutions

De-SPAC

Synopsis

Edit

Biolog-id, a developer of digital health solutions, agreed to go public via a SPAC merger with Genesis Growth Tech Acquisition in a $312m. “Genesis believes that Biolog-id’s proven technology, combined with the clear demand in the digital health space, makes this an attractive investment for our shareholders. We are pleased and proud to partner up with Biolog-id’s leadership team on their mission to optimize the manufacturing, distribution, and utilization of sensitive health products. We are excited about the significant operational, clinical, and financial benefits for patients, providers, payors, and other elements of the healthcare supply chain," Eyal Perez, Genesis Growth Tech Acquisition Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US