Private Equity
3 min read · 12 June 2019
CutisPharma Inc, a portfolio company of NovaQuest Capital Management LLC, said June 12 that it acquired Silvergate Pharmaceuticals Inc. Financial terms weren’t announced. NovaQuest will own a majority of the combined company, called Azurity Pharmaceuticals. Azurity is specialty pharmaceutical company.
2 min read · 12 June 2019
2 min read · 11 June 2019
Merck has agreed to acquire Tilos Therapeutics, a biopharmaceutical company, for a consideration of up to $773 million. Tilos is backed by Boehringer Ingelheim Venture Fund, Partners Innovation Fund and ShangPharma Innovation Fund.
3 min read · 11 June 2019
Shanghai-based Apeiron, a biotech company, has launched with $27 million. The investors included GT Healthcare.
3 min read · 11 June 2019
MOTION PT Group, a provider of physical, occupational and speech therapy, has acquired seven additional practices in the Northeast. No financial terms were disclosed. MOTION is backed by Pharos Capital Group.
2 min read · 11 June 2019
ZOLL Medical Corporation has agreed to acquire Cardiac Science Corporation, a provider of automated external defibrillators, related services and accessories. No financial terms were disclosed. CSC is a portfolio company of Aurora Resurgence.
3 min read · 11 June 2019
Angeles Equity Partners LLC has acquired Los Angeles-based Mini Pharmacy Enterprises, a pharmacy specializing in providing diabetic supplies. No financial terms were disclosed. Intrepid Investment Bankers LLC and Sheppard, Mullin, Richter & Hampton LLP served as financial and legal advisers, respectively, to Mini in the transaction while Nelson Hardiman LLP provided legal counsel to Angeles.
3 min read · 11 June 2019
EQT said June 11 that it agreed to sell Press Ganey to a group that includes Leonard Green & Partners, Ares Management Corp and other co-investors. Financial terms weren’t announced by press reports pegged the deal at more than $4 billion. Press Ganey, of South Bend, Indiana, develops and distributes patient satisfaction survey.
3 min read · 11 June 2019
Ares Management Corp is leading an investor group, which includes Leonard Green & Partners, to buy Press Ganey Associates from EQT Partners, Bloomberg is reporting. The deal is valued at $4 billion, the story said. Press Ganey provides surveys that hospitals use to measure patient satisfaction and the quality of care.
1 min read · 11 June 2019
