Private Equity
Palo Alto, California-based Kodiak Sciences Inc, a biopharmaceutical company focused on treating chronic, high-prevalence retinal diseases, has debuted its IPO after pricing its 9 million shares at $10 per share. The stock began trading October 4, 2014 on the NASDAQ under the ticker symbol "KOD." Morgan Stanley and BofA Merrill Lynch are the lead underwriters. Kodiak's pre-IPO backers include ArrowMark Partners and Perceptive Advisors, according to Crunchbase.
2 min read · 04 October 2018
The Riverside Company has sold Global Orthopaedic Technologies to Corin Orthopaedic Holdings Limited. No financial terms were disclosed. GOT is an Australian maker of orthopaedic implants with a particular focus in lower limb arthroplasty.
2 min read · 04 October 2018
CORA, a portfolio company of Gryphon Investors, has acquired two outpatient physical therapy companies in Tennessee: Clinton Physical Therapy Center and Associated Therapeutics Inc. No financial terms were disclosed.
3 min read · 04 October 2018
Innovatus Capital Partners LLC has agreed to provide up to $42 million to Personal Genome Diagnostics Inc. Based in Baltimore, Personal Genome Diagnostics Inc is a developer of tissue-based and liquid biopsy technologies for cancer genomics.
3 min read · 04 October 2018
Implus, which is backed by Berkshire Partners, has acquired RockTape, a provider of kinesiology tape, medical education and other health and wellness products. No financial terms were disclosed. D.A. Davidson & Co. provided financial advice to RockTape on the transaction.
3 min read · 03 October 2018
Pinnacle Dermatology, a Chicago Pacific Founders portfolio company, has acquired Flint, Michigan-based Soderstrom Dermatology, a dermatology practice led by Dr. Robert Soderstrom. No financial terms were disclosed.
3 min read · 03 October 2018
Anju Software Inc, which is backed by Providence Equity Partners, has acquired San Francisco-based Zephyr Health, a provider of physician, institution and treatment data for every major disease area. No financial terms were disclosed. Zephyr Health was backed by Kleiner Perkins Caufield & Byers, Icon Ventures and Google Ventures.
3 min read · 03 October 2018
Athyrium Capital Management LP has provided an $110 million credit facility to Waltham, Massachusetts-based Kala Pharmaceuticals, a biopharmaceutical firm. Morgan Stanley was the sole structuring agent on the transaction.
4 min read · 03 October 2018
2 min read · 03 October 2018
Silversmith Capital Partners has made an investment in Brecksville, Ohio-based MediQuant, a provider of enterprise active archiving solutions for hospitals and health systems. No financial terms were disclosed. Ropes & Gray provided legal counsel to Silversmith Capital Partners while Benesch, Friedlander, Coplan & Aronoff did likewise for MediQuant.
4 min read · 01 October 2018
