Wellington Partners has led a series A financing round at German-based NEUWAY Pharma GmbH. The business is the first spin-off from Life Science Inkubator in Bonn. NEUWAY is focusing on the preclinical and clinical development of innovative therapeutics for treatment of orphan brain diseases.
3 min read · 27 May 2014
Read up on the latest news after the long weekend including an insight into angel and venture capitalist relationships, Apollo's Rowan cashing out on shares and why it's New York, New York for buyout funds.
1 min read · 27 May 2014
Henry Schein's US animal health business, Henry Schein Animal Health, is to acquire around 60 percent of SmartPak, a provider of equine supplements and horse supplies across the US. Henry Schein Animal Health is a companion animal health distribution company in the United States. As part of this transaction, Oak Hill Capital Partners and SmartPak’s existing management team will own SmartPak’s remaining equity.
7 min read · 22 May 2014
Venus Concept has secured $10 million in funding from Longitude Capital. The business is a medical aesthetic company.
2 min read · 22 May 2014
Third Rock Ventures and The Column Group have backed the launch of Nurix with a $25.1 million Series B financing. Nurix develops therapies that modulate the ubiquitin proteasome system.
4 min read · 22 May 2014
Assurex Health has secured a $25 million term and revolving credit facility. GE Capital, Healthcare Financial Services, acting as agent, and Silicon Valley Bank financed the credit facility. Existing investors Sequoia Capital, Claremont Creek Ventures, Mayo Clinic, Cincinnati Children's Hospital Medical Center, CincyTech, Allos Ventures, Four Rivers Partners, Danmar Capital, and jVen Capital, provided an additional $7 million to complete the $32 million financing. Assurex Health is a neuropsychiatric personalized medicine company.
3 min read · 22 May 2014
KSL Capital Partners has acquired the St. Regis Monarch Beach in Dana Point, California. Financial details of the transaction were not disclosed.
2 min read · 22 May 2014
Apax has sold its 56 percent stake in Israeli food company Tnuva to Bright Food, a Chinese food and agriculture company. Apax purchased the controlling stake in Tnuva in 2008.
2 min read · 22 May 2014
Advanced Capital has appointed statesman and politician ambassador Joseph DeTrani as a senior advisor. Advanced Capital is an European alternative investment specialist.
2 min read · 22 May 2014
Rcapital has invested in McArthur, a UK-based wholesaler and distributor of building, agricultural, steel and security fencing products. Rcapital is a London-based turnaround investor.
2 min read · 22 May 2014
