CYBERGENE acquired by DEVYSER DIAGNOSTICS
Context
Devyser Diagnostics AB has finalized the acquisition of CyberGene AB from Level Bio AB. The strategic rationale for this transaction centers on a "portfolio-optimization" play, merging the target's established diagnostic kits in aneuploidy and infertility with the group's global commercial infrastructure and direct sales force. This fusion effectively creates a specialized powerhouse in the reproductive health market, providing the group with the necessary hardware to deepen its customer offering in clinical genetics laboratories. This operation allows Devyser Diagnostics to execute a definitive structural transformation of the target's existing market footprint. By absorbing an asset with a high level of customer acceptance but limited global reach, the organization can now leverage its industrialized R&D and sales machine to drive international scaling. The maneuver optimizes the group's financial profile, with the integration expected to yield immediate improvements in gross profit and consolidated EBIT margins. Ultimately, the partnership solidifies the group’s standing as a primary enabler of high-precision molecular diagnostics, while ensuring the organization remains an agile leader in the rapid evolution of genomic testing standards.
CYBERGENE, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Healthcare & Pharma sector (14.8x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
-> Deep-dive in Healthcare & Pharma market trends
Target
CyberGene operates as a specialized technology organization dedicated to the development and marketing of molecular diagnostic solutions. The entity’s business model is centered on a proprietary framework of testing kits for aneuploidy and male infertility, serving clinical laboratories and hospitals. Its value proposition is anchored in technical operational depth and a long-standing track record of reliability in the prenatal and reproductive health sectors. Strategically, the firm focuses on delivering precise genetic screening results through standardized diagnostic protocols. By maintaining a specialized focus on niche molecular biology applications, the organization ensures a mission-critical role in the structural efficiency of reproductive healthcare diagnostics. The entity prioritizes technical agility and product consistency to facilitate the structural advancement of genomic monitoring.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (SEK)
Similar deals in Healthcare & Pharma
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 06/2026 | BRIDGEPOINT | OBAGI MEDICAL | UNITED STATES | Life Sciences | Obagi Medical, a medical-grade skincare company positioned in the professional dermatology and aesthetics segment, is being acquired by Bridgepoint as part of a broader consolidation trend across clinical skincare markets. The transaction reflects a strategy focused on building specialised platforms within dermatology and aesthetics, supported by structural growth driven by the medicalisation of skincare routines and the convergence of beauty and healthcare. Bridgepoint aims to build an integrated platform of clinical skincare and aesthetics brands covering a broader spectrum of solutions, from dermatological treatments to injectable aesthetic products |
| 05/2026 | STRYKER | AMPLITUDE VASCULAR SYSTEMS | UNITED STATES | Life Sciences | Stryker has completed the acquisition of Amplitude Vascular Systems, a private medical device company, which develops a next-generation intravascular lithotripsy (IVL) platform, designed to treat complex peripheral arterial disease, this acquisition represents a significant milestone in the expansion of Stryker's peripheral vascular portfolio, by integrating Amplitude Vascular Systems' innovative technology, which uses carbon dioxide-generated pressure waves, to optimize arterial diameter, while minimizing damage and improving deliverability, treatment speed, and therapeutic efficacy, with the goal of strengthening Stryker's position in peripheral vascular solutions, by offering solutions for physicians and patients, to treat cardiovascular disease, Stryker's strategy is to develop its portfolio of products and services, to improve patient and healthcare outcomes, by offering innovative and integrated solutions, for physicians, hospitals, and patients, financial and legal advisory services were provided by reputable consulting firms, to ensure the success of the operation |
| 04/2026 | UCB | NEURONA THERAPEUTICS | UNITED STATES | Life Sciences | UCB has entered into a definitive agreement to acquire Neurona Therapeutics, a maneuver designed to fundamentally reinforce the group’s leadership in the global epilepsy market. The strategic rationale for this transaction centers on a "regeneration-acceleration" play, merging the target's industry-leading stem cell platform with the group’s extensive therapeutic expertise and global commercial infrastructure. This fusion effectively creates a specialized powerhouse in the advanced therapies arena, providing the organization with the scientific talent and lead investigational asset required to address the increasing demand for cures in drug-resistant mesial temporal lobe epilepsy |
| 04/2026 | VITREX MEDICAL GROUP | HERNIAMESH | ITALY | Life Sciences | Vitrex Medical Group (VMG) has finalized the acquisition of a majority stake in Herniamesh, an operation designed to fundamentally accelerate the group's transformation into a global leader in surgical technology. The strategic rationale for this transaction centers on a "portfolio-synergy" play, merging the target's industry-leading technical operational depth in surgical meshes with the group’s extensive distribution network and established suture division (CHIRMAX). This fusion effectively creates a specialized powerhouse in the European medtech arena, providing the organization with the scientific talent and technological hardware required to address the increasing complexity of soft tissue repair and urogynecological procedures |
| 04/2026 | RANTUM CAPITAL | TONTARRA MEDIZINTECHNIK | GERMANY | Life Sciences | Rantum Private Equity Fund II has successfully finalized the acquisition of a majority stake in the share capital of the target, marking its seventh investment from the current fund. This strategic transaction represents a pivotal step in the acquirer’s objective to establish a dominant position in the high-precision medical technology sector, specifically targeting the resilient demand for minimally invasive surgery. The strategic rationale for the move centers on the high degree of alignment between the target’s fully integrated German manufacturing capabilities and the acquirer’s focus on high-moat, regulatory-intensive industrial platforms |
| 04/2026 | OURY MEDICAL | CÉFIMÉCA | FRANCE | Life Sciences | The acquisition of Céfiméca by Oury Medical represents a strategic consolidation within the French orthopedic and spinal medical device market. This transaction is the fifth build-up operation completed by Oury Medical in three years, following a platform strategy initiated by its lead investors. The primary rationale behind the deal is the creation of a comprehensive "One-Stop-Shop" offering for global orthopedic clients, combining Céfiméca’s specialized expertise in precision implants with Oury Medical’s established strength in surgical instrumentation |
| 04/2026 | ASTORG | THERMO FISHER MICROBIOLOGY | UNITED STATES | Life Sciences | Astorg has signed a definitive agreement to acquire Thermo Fisher Scientific's microbiology business, which will become an independent, privately owned platform, backed by Astorg. The transaction consists of a complete corporate carve-out, executed via the Astorg VIII fund, representing the vehicle's tenth investment to date and further concentrating its portfolio exposure within the life sciences sector. The ownership transition is driven by the seller’s strategic decision to divest non-core clinical assets, allowing the parent company to reallocate its corporate capital toward higher-growth molecular diagnostics |
| 04/2026 | REVENIO GROUP CORPORATION | VISIONIX INTERNATIONAL | FRANCE | Life Sciences | The group has finalized a definitive agreement to acquire the entire share capital of the target, a maneuver designed to fundamentally expand its presence as a turnkey provider in the global eye care market. The strategic rationale for this transaction centers on a "portfolio-convergence" play, merging the target's industry-leading technical operational depth in refraction and finishing with the group’s established leadership in tonometry and imaging. This fusion effectively creates a specialized powerhouse in the ophthalmic arena, providing the organization with the scientific talent and technological hardware required to address the increasing complexity of diagnostic and optical retail workflows |
| 04/2026 | AMERICAN INDUSTRIAL PARTNERS AIP | AVANOS MEDICAL | UNITED STATES | Life Sciences | American Industrial Partners has finalized a definitive agreement to acquire Avanos Medical in an all-cash transaction, a maneuver designed to fundamentally reinforce the target's competitive positioning in the specialized medical technology arena. The strategic rationale for this transaction centers on an "operational-transformation" play, merging the target's industry-leading technical operational depth in nutrition and pain therapies with the acquirer's extensive history of implementing transformative operating agendas |
| 04/2026 | FOR TALENTS / UI INVESTISSEMENT / GENEO | NEFTYS PHARMA | FRANCE | Life Sciences | In a structured minority growth equity transaction, specialized family capital investment firm For Talents has acquired a minority stake in Neftys Pharma. This strategic operation is executed alongside incumbent financial sponsors UI Investissement and GENEO Capital Entrepreneur, who are rolling over their investments after an initial four-year holding period. The transaction is fundamentally designed to facilitate the intergenerational transmission of the family-owned enterprise from founder Jacques Mignot to his son, Diego Mignot, who officially assumes the presidency |
REFERENCES
Valuation range: EV 10M - 30M SEK
Revenue range: 25M - 50M SEK
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CYBERGENE by DEVYSER DIAGNOSTICS are reserved for mynth community members. Register for free to unlock full data.
Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Acquirer: devyser diagnostics