Origin Merchant Partners is pleased to announce the successful sale of Addition Technology, Inc. (“Addition Technology”) to AJL Ophthalmic, S.A. (“AJL Ophthalmic”). Origin Merchant Partners acted as exclusive financial advisor to Addition with respect to the transaction.
Addition Technology is a certified ophthalmic device company, developing corneal implants for patients with moderate nearsightedness. Addition Technology offers the only FDA approved intracorneal segments for the treatment of Myopia and Keratoconus. Based in Sunnyvale, California, the company serves customers within the United States and internationally.
AJL Ophthalmic specializes in manufacturing medical products ranging from ophthalmology, airflow and craniofacial reconstruction to veterinary equipment and accessories. AJL Ophthalmic is located in Alava, Spain.