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Edwards buys CardiAQ for $350mm up front and a potential $50mm earn-out
10 Sep 2020
Executive Summary
Edwards Lifesciences Corp. paid $350mm in cash to acquire fellow Irvine, CA-based device firm, privately held CardiAQ Valve Technologies Inc. The transaction also includes a $50mm payment once a European regulatory milestone is achieved.
Deal Industry
- Medical Devices
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Medical Devices
- Implantable Devices
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Surgical Equipment & Devices
- Minimally or Less Invasive
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Earnout
- Payment Includes Cash
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