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Shifamed Announces Successful Acquisition Of Nuvera Medical, The Sixth Company To Exit Associated With The Innovation Hub

Sep 28, 2021•almost 4 years ago

Acquiring Company

Atia Vision, Inc.

Acquired Company

NuVera Medical, Inc.

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Description

Shifamed LLC, a highly specialized medical innovation hub, publicly announces the acquisition of NuVera Medical to Biosense Webster, the global leader in cardiac arrhythmia treatment and part of the Johnson & Johnson Medical Device Companies*. This transaction, which closed in December 2020, delivered an impressive return to Shifamed equity investors.

Company Information

Company

Atia Vision, Inc.

Location

Campbell, Kentucky, United States

About

Founded by serial entrepreneur Amr Salahieh, Shifamed LLC is a highly specialized medical innovation hub focused on developing solutions that accelerate time to market, reduce risk, increase impact, and forge a path toward a world where patients are able to lead longer, healthier lives. To learn more about Shifamed, please visit www.shifamed.com. MEDIA CONTACT: Katie ArnoldSPRIG Consulting LLC+1 (408) 805-0520 katie@sprigconsulting.com *The Johnson & Johnson Medical Devices Companies comprise the surgery, orthopaedics, vision and interventional solutions businesses within Johnson & Johnson's Medical Devices segment. Biosense Webster, Johnson & Johnson, and NuVision are trademarks of Johnson & Johnson. SOURCE Shifamed LLC

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed