.
MergerLinks Header Logo

New Deal


Announced

Completed

Teleflex completed the acquisition of Palette Life Sciences for $650m.

Financials

Edit Data
Transaction Value£505m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

biotechnology company

Biotechnology

United States

Acquisition

Private

life sciences

Domestic

Friendly

Single Bidder

Completed

Synopsis

Edit

Teleflex, an American provider of specialty medical devices, completed the acquisition of Palette Life Sciences, a fully-integrated global life sciences company, for $650m. "The original founding vision for Palette Life Sciences was to disrupt the rectal spacing market with a new product innovation that would serve as a better option for doctors and their patients. As a result, Palette would achieve strong market growth and expansion, creating high value for patients and shareholders alike. Entering into the agreement with Teleflex serves as an important milestone in achieving our vision," Travis Gay, Palette Life Sciences Chief Commercial Officer and Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US