biote Corp Acquires Asteria Health
January 17, 2024
biote Corp. (NASDAQ: BTMD) announced a definitive agreement to acquire F.H. Investments, Inc., doing business as Asteria Health, a privately held 503B manufacturer of compounded bioidentical hormones. The deal is intended to strengthen biote’s control over its supply chain through vertical integration of hormone product manufacturing and expand biote’s capabilities in 503B manufacturing and product development.
- Buyers
- biote Corp.
- Targets
- F.H. Investments, Inc., d/b/a Asteria Health, Asteria Health
- Sellers
- F.H. Investments, Inc. (shareholders of Asteria Health)
- Industry
- Healthcare Services
- Location
- Alabama, United States
- Transaction Type
- Buyout
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