SGD Pharma to be sold to private equity firm
French pharmaceutical glass manufacturer SGD Pharma is be sold to a European private equity organization. SGD Pharma’s owners China Jianyin Investment (JIC) are in final negotiations with PAI Partners over the deal. Christophe Nicoli, Chief Executive Officer of SGD Pharma, says: “By investing in cutting-edge manufacturing technologies, in taking the lead on sustainability and through constantly improving the service […]
EQT to sell Aldevron to Danaher Corporation for enterprise value of $9.6 billion
EQT is pleased to announce that the EQT VIII fund (“EQT Private Equity”) has agreed to sell Aldevron to Danaher Corporation for an enterprise value of $9.6 billion. EQT Private Equity acquired a majority interest in Aldevron in 2019, investing alongside TA Associates, founders, and management. Kevin Ballinger, CEO of Aldevron, commented, “Genetic medicine is […]
McGraw-Hill to Be Acquired by Private Equity Firm for $4.5 Billion
The education and publishing giant McGraw Hill will be acquired by a private-equity firm that has a deep stake in a diverse array of industries, in a deal valued around $4.5 billion. Platinum Equity, a California-based firm headed by billionaire Tom Gores, has agreed to buy McGraw Hill from Apollo Global Management Inc, the two companies announced Wednesday. […]
Hertility Health pulls in £4.2m in seed funding
Hertility Health, a new women’s health start-up revolutionizing the world of hormone and reproductive health, has closed a £4.2 million seed funding round led by LocalGlobe, Venrex, and some key angel investors including former CEO of Bupa, Evelyn Bourke, and CEO of Nested and the unicorn company GoCardless, Matt Robinson. The funds will help Hertility Health […]
Immersive Labs raises $75m in Series C round
Immersive Labs, the company empowering organizations to measure and improve cybersecurity skills across technical and non-technical teams, has closed a $75 million Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management. The investment will accelerate delivery of a progressive new Cyber Workforce […]
Coalition Capital, Warburg Pincus vie for US$1 bil Fullerton Health
Private equity firms Coalition Capital Partners and Warburg Pincus have been shortlisted to buy Singaporean medical services provider Fullerton Healthcare Corp in a deal that could be worth about US$1 billion, according to people with the knowledge of the matter. Binding bids from the US and Southeast Asian buyout firms are expected before the end […]
Six BidCo Ltd acquires Sigma Capital Group plc
Paul Hastings LLP, a global law firm, is advising Six BidCo Ltd (a wholly-owned indirect subsidiary of investment funds managed by PineBridge Benson Elliot) on its acquisition of Sigma Capital Group plc, a provider of Private Rented Sector housing in the UK. The boards of Six Bidco Ltd and Sigma Capital Group plc this morning […]
Quantum-Si closes $1bn + SPAC deal with HighCape
Quantum-Si Incorporated (QSi), a specialist in next-generation semiconductor chip-based proteomics, has completed its business combination with HighCape Capital Acquisition Corp (HighCape), a special purpose acquisition company sponsored by leading healthcare growth equity manager HighCape Capital LP. The business combination and concurrent private placement, which were approved by HighCape’s stockholders at its special meeting held on […]
General Atlantic leads $100m investment in Fresha
Fresha, a beauty and wellness software platform, announced today a $100 million Series C investment led by General Atlantic, with strategic participation from Huda Kattan of HB Investments and the founder of Huda Beauty, as well as Michael Zeisser of FMZ Ventures, former Chairman Investments at Alibaba Group and Jonathan Green of Lugard Road Capital. […]
UBS, DWS line up final bids for NN’s $1.9 billion asset manager
UBS and German asset manager DWS are pressing ahead with final bids for the asset management arm of NN Group after Europe’s biggest insurers pulled out of the auction, three sources familiar with the deal told Reuters. Prudential Financial Inc and U.S. asset manager Nuveen are also interested in bidding for the unit – known […]
