◂ Announcements

Apr 3, 2025ACQUISITIONUnited States

hearX merges with Eargo to form LXE Hearing, backed by $100M investment

South Africa-founded hearX has merged with US-based Eargo to form a new combined company called LXE Hearing, backed by an additional US$100 million investment from Patient Square Capital. The merger creates a new hearing health company for the OTC hearing aid market.

Value

$100.0M

Status

Completed

Productshearing aids

CompanieshearX Group target Eargo target LXE Hearing acquirer Patient Square Capital investor

Sectors#Medical Devices

“The merger between Lexie and Eargo is founded on our shared mission to create hearing health solutions for everyone, everywhere.”disruptafrica.com

1 source
disruptafrica.comSA-founded hearX merges with US counterpart to form new combined company - Disrupt AfricaTom JacksonApr 3, 2025

Summarized from public sources; check the original articles before acting on it.

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