Tech Company M&A Transactions
HemoSphere Acquisition
HemoSphere, based in Eden Prairie, was acquired by CryoLife. Purchase price was estimated to be $21.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/16/2012
Transaction Type
M&A
Amount
$21,500,000
M&A Terms
Under terms of the agreement, CryoLife will acquire Hemosphere for $17.0 million in cash, plus potential revenue milestone-based payments of up to $4.5 million.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
6545 City West Pky
Eden Prairie, MN 55344
USA
Eden Prairie, MN 55344
USA
Phone
Website
Email Address
Not Recorded
Overview
Hemosphere, Inc., a medical technology company located in Minneapolis, MN, is leading innovation and collaboration in the global development and commercialization of technologies that revolutionize care and restore quality of life for hemodialysis patients with compromised vasculature.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Patrick Wethington
VP - Operations
David Krenn
VP - R & D
Laurie Lynch
VP - Sales
Timothy Chase
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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