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New Deal


Announced

Completed

LifeNet Health completed the acquisition of the wound business from Bioventus for $85m.

Financials

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Transaction Value£67m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Domestic

Friendly

Acquisition

Single Bidder

Majority

Health Care Services

healthcare services

Completed

Synopsis

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LifeNet Health, a regenerative medicine and life sciences company, completed the acquisition of the wound business from Bioventus, a company specialising in innovations for active healing, for $85m. “The sale of our Wound business will enhance our liquidity and enable a greater focus on execution," Tony Bihl, Bioventus Interim CEO.

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