Confluent's First M&A

Confluent created sealants to seal the brain and spine after brain and spine surgery. Covidion, which is an intense competitor of Johnson and Johnson, was looking for a company that had products in this area. We retained bankers to be able to optimize the deal and the bankers were able to kind of take what was an initial offer of 130 million to a 250 million dollar exit. So it was a good exit.