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New Deal


Announced

Completed

Nevro completed the acquisition of Vyrsa Technologies for $75m.

Financials

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Transaction Value£59m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

joints treatment

Medical Services

Acquisition

Majority

Private

Domestic

Completed

Single Bidder

Synopsis

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Nevro, a provider of pain relief solutions for patients suffering from low back pain and other types of chronic pain, completed the acquisition of Vyrsa Technologies, a provider of a solution to chronic SI joint pain by securely stabilizing the SI joint, for $75m. "The acquisition of Vyrsa leverages Nevro's ability to drive long-term shareholder value by accelerating our key strategic initiatives of commercial execution, market penetration, and profit progress. Vyrsa offers differentiated implants to our current call point of physicians that will help drive growth. We are ecstatic to be able to bring long-term pain relief to the 15-30% of people suffering with chronic low back pain associated with the SI joint2," Kevin Thornal, Nevro CEO.

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