# Sanara MedTech to acquire Precision Healing

Sanara MedTech Inc. entered into a definitive merger agreement to acquire Precision Healing Inc. The purchase price consists of approximately $5.1 million in stock and cash, plus earnout obligations, valuing Precision Healing's equity at about $7.8 million.

- Type: Acquisition
- Announced: 2022-04-04
- Where: United States
- Value: $7.80M
- Status: announced
- Products: multispectral imager, biomarker assay for chronic wound diagnosis
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Sanara MedTech](https://endata.com/companies/62082.md) (acquirer)
- [Precision Healing](https://endata.com/companies/62083.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/04/04/2415513/0/en/sanara-medtech-inc-announces-entry-into-merger-agreement-to-acquire-precision-healing-inc.html), 2022-04-04: "We have been the exclusive license holder of Precision Healing’s technology in the healthcare industry in the U.S. as well as an investor in the company since 2020."

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