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MaxCyte to acquire Akron Bio for $151.8M

PRIVATENov 10, 2026

Acquiring Company

MaxCyte

Acquired Company

Akron BioProducts

RockvilleBoca RatonBiotechnologyHealth CareManufacturingBiotechnology

Description

MaxCyte has entered into a definitive agreement to acquire Akron BioProducts LLC from affiliates of Arcline Investment Management for total consideration of $151.8 million. Akron is expected to generate approximately $28 million in revenue and $7-8 million in EBITDA in 2026, and the deal is expected to nearly double MaxCyte's revenue base. The transaction is expected to close before the end of 2026, subject to customary closing conditions, and MaxCyte secured a credit facility of up to $75.0 million with MidCap Financial to help fund the combined company.

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Company Information

Company

MaxCyte

Location

Rockville, Maryland, United States

About

At MaxCyte, we pursue cell engineering excellence to maximize the potential of cells to improve patients’ lives. We have spent more than 20 years honing our expertise by building best-in-class platforms, perfecting the art of the transfection workflow, and venturing beyond today’s processes to innovate tomorrow’s solutions. Our ExPERTTM platform, which is based on our Flow Electroporation® technology, has been designed to support the rapidly expanding cell therapy market and can be utilized across the continuum of the high-growth cell therapy sector, from discovery and development through commercialization of next-generation, cell-based medicines. The ExPERT family of products includes: four instruments, the ATxTM, STxTM, GTxTM and VLx TM; a portfolio of proprietary related processing assemblies or disposables; and software protocols, all supported by a robust worldwide intellectual property portfolio. By providing our partners with the right technology platform, as well as scientific, technical, and regulatory support, we aim to guide them on their journey to transform human health. Learn more at maxcyte.com and follow us on Twitter and LinkedIn.

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Frequently asked

Who acquired Akron BioProducts?

Akron BioProducts was acquired by MaxCyte, based in Rockville. The deal was reported on November 10, 2026. At MaxCyte, we pursue cell engineering excellence to maximize the potential of cells to improve patients’ lives. MaxCyte is privately held and operates in Biotechnology.

When did MaxCyte acquire Akron BioProducts?

MaxCyte's acquisition of Akron BioProducts was reported on November 10, 2026. MaxCyte has entered into a definitive agreement to acquire Akron BioProducts LLC from affiliates of Arcline Investment Management for total consideration of $151.8 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Akron BioProducts do?

Akron BioProducts (Akron Bio) is a leading supplier of GMP-grade reagents and ancillary materials used across the cell therapy manufacturing workflow. The company is known for its Closed System Solutions (CSS)® and drug master files supporting INDs and BLAs. It is privately held, operating in Manufacturing, and is based in Boca Raton.

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