Albany, NY. Nixon Peabody LLP is proud to have represented assisted reproductive technology company DxNow Inc., the owner of ZyMōt Fertility Inc., in the sale of ZyMōt to CooperSurgical Inc.
ZyMōt Fertility—which develops, commercializes, manufactures, promotes, markets, and sells a first-of-its-kind sperm separation device for use in artificial or assisted reproductive therapies—became a wholly owned subsidiary of CooperSurgical following the transaction. CooperSurgical, a global leader in the fertility and women’s health field, is a wholly owned subsidiary of The Cooper Companies Inc. (NASDAQ: COO) with $3.6 billion in global revenues and a market capitalization of approximately $17 billion.
This transaction is particularly noteworthy for Nixon Peabody, as it marks the first end-to-end deal facilitated through the firm’s Women in Dealmaking initiative. Formed in 2021, Women in Dealmaking is a robust national network of dynamic women leaders in M&A and private equity created to establish strong cross-industry connections, capitalize on new business opportunities, and elevate the voices of women in these spaces to increase equity and impact in a space long dominated by men.
“This transaction embodies some important values shared by DxNow, ZyMōt Fertility, CooperSurgical, and Nixon Peabody,” said Corporate partner Marissa Wiley, who co-leads the firm’s Women in Dealmaking initiative. “Each of us believes in expanding opportunities for women to pursue their dreams, in their careers and in their personal lives. This deal allows ZyMōt to offer their advanced technology to a wider range of patients who are seeking to shape their families. The Women in Dealmaking network is a perfect conduit for this type of transaction.”
As part of the deal, DxNow spun off its animal-focused business, which now operates independently under the name VetMotl, Inc.
In addition to Wiley, the Nixon Peabody deal team included partners Amy O’Keefe, Rachel Pugliese, Shahzad Malik, Thomas McCord, Todd Tidgewell, and Hannah Bornstein; counsel David Crosby, Michael Fitzpatrick, and Christopher Stevens; associates Carolyn Glynn, Kelly Glynn, Yasmin Hayre, and Robert Pethick; and paralegal Delaney Jaffarian.
