logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Luciole Medical Ag Announces The Acquisition Of Spiegelberg Gmbh & Co. Kg To Create A Leading Global Brain Monitoring Developer And Provider

Jun 27, 2023•over 2 years ago

Acquiring Company

Luciole Medical

Acquired Company

Spiegelberg

BiotechnologyHealth CareInformation TechnologyMedical DeviceBiotechnologyHealth CareManufacturing

Description

Luciole Medical AG, a Swiss medical technology company specialized in brain monitoring, today announced the acquisition of Spiegelberg GmbH & Co. KG (Spiegelberg), an established medical device company and provider of highly specialized devices and consumables for neurosurgery, from SHS Capital. Following the acquisition, the companies will combine their product suites, manufacturing, and distribution channels to optimize their strengths aiming at becoming a global leader in providing innovative next-generation brain monitoring devices.

Company Information

Company

Luciole Medical

About

Luciole Medical AG is developing a unique next-generation platform of brain monitoring sensors to rapidly provide important information allowing the proper diagnostic and monitoring of compromised oxygen supply conditions and complications. The platform also uses a proprietary complex algorithm to analyze large data sets and extract clinically relevant information. The company obtained the CE mark for a minimally invasive probe for ICUs (RheoProbe) and a new generation patch for external measurement of brain oxygenation parameters (RheoPatch). The Swiss-based private company is a spin-off from the Swiss Federal Institute of Technology and the University of Zurich. For more information, visit www.luciolemedical.ch

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