Haemonetics Acquires Cardiva Medical
January 20, 2021
Haemonetics Corporation agreed to acquire Cardiva Medical, Inc., a privately-held maker of vascular closure systems based in Santa Clara, California, for $475 million upfront and up to $35 million in contingent consideration. The acquisition expands Haemonetics' hospital portfolio and its presence in the interventional cardiology and electrophysiology markets and is expected to be accretive to revenue growth.
- Buyers
- Haemonetics Corporation
- Targets
- Cardiva Medical, Inc.
- Industry
- Medical Devices
- Location
- California, United States
- Transaction Type
- Buyout
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