M&A
confidence high
sentiment neutral
materiality 0.70
FOXO Tech unit Vector BioSource to buy 4 blood centers from Grifols for $3.5M plus earn-out
FOXO TECHNOLOGIES INC.
- Vector BioSource, a FOXO subsidiary, agreed to buy four blood collection centers from Grifols Bio Supplies for $3.5M cash at closing.
- Earn-out of up to $1M payable if acquired business generates EBITDA of $1.5M or more in any calendar year 2026-2028.
- Closing conditioned on Vector obtaining new FDA license, CLIA certification, and waste-management permit independent of seller.
- Closing expected in Q3 or Q4 2026; long stop date is nine months from July 22, 2026.
- Acquired assets include serum inventory and existing cell units at the four collection centers.