Audacity IB Advises on the Sale of ZyMōt Fertility to CooperSurgical
Audacity IB, an award-winning boutique M&A investment bank and transaction consulting firm focused on founder-owned business transformations and exits, announced today that its client, ZyMōt Fertility (the “Company”), has been acquired by CooperSurgical.?
ZyMōt Fertility is the world’s leading provider of proprietary sperm separation devices for assisted reproductive technology (ART) procedures.
Audacity IB served as exclusive sell-side financial advisor to the Company in connection with the transaction, which was announced by CooperSurgical on June 10, 2024.? The terms of the transaction were not disclosed.
Leveraging exclusively licensed technologies developed in the Demirci Bio-Acoustic MEMS in Medicine Labs (BAMM Labs) at Stanford University School of Medicine and Brigham & Women's Hospital, ZyMōt Sperm Separation Devices use a patented approach to separate motile sperm from non-motile sperm in a semen sample.
Alongside CooperSurgical’s comprehensive portfolio of fertility solutions, digital services, and cutting-edge ART media that supports every step in the ART journey, ZyMōt Fertility will equip more clinics around the world with the innovative technologies of today’s industry to conceive healthy babies.
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“We are very proud of this transaction and the ZyMōt Fertility team. CooperSurgical is the ideal partner for our client and we are excited about what lies ahead for ZyMōt Fertility as it begins its next phase of growth as a CooperSurgical company. ?It was a great pleasure working with all parties involved and being part of ZyMōt Fertility’s immensely entrepreneurial team.” said Jeffrey Shippy, Founder and CEO of Audacity IB.
“This is a truly transformational transaction for the fertility industry, and we are excited to have ZyMōt Fertility join the CooperSurgical family. Audacity did an incredible job, not only in representing us throughout the selling process; but, in working with us daily for many intense months prior to the sale, to help us build operations and accelerate growth well before the company was sold.? Finding a quality, trustworthy M&A investment banker capable of also effectively serving in the trenches with a founder as a trusted long-term co-executive partner is very rare.” said William Sharp, Founder and CEO of ZyMōt Fertility.
ABOUT AUDACITY IB:
Founded in 2020, Audacity IB helps develop and transform founder-owned companies and ready them for potential future exits and, when the time comes for an exit, Audacity IB also serves as exclusive M&A advisor to drive a successful transaction outcome. The firm also provides hands-on daily operations leadership in top executive roles with select clients.? Audacity IB is the trade name for Audacity Consulting Partners LLC and Audacity Capital Partners LLC.? “Audacity IB” or the “firm” refer to these two affiliated companies.
Securities are offered through Audacity Capital Partners LLC, Member FINRA/SIPC.
Director Of Continuous Improvement at TricorBraun
3 个月Congrats Jeff to you and your company!