Rovers Medical Devices B.V.

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Rovers Medical Devices B.V. - overview

Established

1982

Location

-, -, Netherlands

Primary Industry

Medical Devices & Equipment

About

Rovers Medical Devices B. V. is a company specializing in innovative self-sampling devices for cervical cancer screening, notably the Evalyn® Brush, aimed at enhancing accessibility and user confidence in healthcare. Founded in 1982 in the Netherlands, Rovers Medical Devices B.


V. develops self-sampling solutions for cervical cancer screening. The company has not undergone significant pivots or structural changes and operates independently. The CEO, Roel Leenders, has led the company since its inception.


Rovers Medical Devices received funding in January 2019 when it was acquired by Smile Invest, although financial details of the deal are undisclosed. Rovers Medical Devices specializes in self-sampling devices designed for cervical cancer screening, primarily featuring the Evalyn® Brush, a proprietary product that facilitates safe and reliable collection of vaginal and cervical specimens. The Evalyn® Brush is distinguished by its built-in features that guide users in proper sample collection, enhancing user confidence and ensuring high-quality results. This device addresses barriers that women face regarding regular screening, such as time constraints, discomfort, and cultural sensitivities, enabling them to perform the sampling in the privacy of their own homes.


Additional offerings include various cell sampling devices such as the Cervex-Brush® and EndoCervex-Brush®, catering to a broad customer base including healthcare providers and patients across Europe and North America. Rovers Medical Devices generates revenue through direct sales of its medical devices, particularly its self-sampling solutions like the Evalyn® Brush. The transactions typically occur in a B2B model, with healthcare institutions and clinics purchasing these devices for distribution to end users or direct to consumers. The company may engage in partnerships with healthcare organizations to broaden access to their products, enhancing market penetration.


Pricing structures for these devices reflect their innovative technology and the added value they provide in cervical cancer screening, although specific pricing details for individual products have not been disclosed. The company's focus on high-quality, efficient sampling solutions is expected to foster continued demand within the healthcare sector. Rovers Medical Devices plans to expand its product portfolio with new offerings designed to enhance cervical cancer screening by 2025. The company aims to enter new markets, particularly targeting regions in Asia and South America, leveraging recent funding from the acquisition in January 2019 to support these initiatives.


This funding will facilitate research and development of new self-sampling devices, allowing the company to broaden its market presence and improve accessibility for patients globally.


Current Investors

Smile Invest

Primary Industry

Medical Devices & Equipment

Sub Industries

Surgical Devices, Medical Supplies

Website

www.roversmedicaldevices.com

Verticals

HealthTech, Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Rovers Medical Devices B.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedRovers Medical Devices B.V.-

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