Nevro Corp. Acquires Vyrsa Technologies
November 30, 2023
Nevro Corp. acquired Vyrsa Technologies, a privately held medical technology company focused on minimally invasive sacroiliac (SI) joint fusion devices, in a deal that closed November 30, 2023. Nevro paid $40 million at closing and may pay up to an additional $35 million in cash or stock tied to development and sales milestones; the company said Vyrsa will broaden its product portfolio and is projected to be accretive in 2024.
- Buyers
- Nevro Corp.
- Targets
- Vyrsa Technologies
- Industry
- Medical Devices
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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