# ADDvise acquires JTECH Medical for USD 7.3 million

ADDvise Group AB has acquired all shares of JTECH Medical for a total purchase price of USD 7.3 million, including earn-outs. The acquisition closed on March 3, 2022.

- Type: Acquisition
- Announced: 2022-03-03
- Value: $7.30M
- Status: completed
- Products: medical equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [ADDvise Group](https://endata.com/companies/21338.md) (acquirer)
- [JTECH Medical](https://endata.com/companies/61416.md) (target)

## Sources

- [view.news.eu.nasdaq.com](https://view.news.eu.nasdaq.com/view?id=b480a183ca4855a5b5302693bc4c00513&lang=en), 2022-03-03: "ADDvise Group AB has today entered into a share purchase agreement with the owner of JTECH Medical regarding the acquisition of all shares of the company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.