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New Deal


Announced

Completed

Apollo Global Management completed the acquisition of Covis Pharma from Cerberus and Princeton BCP.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Majority

Private

Acquisition

Single Bidder

Friendly

Pharmaceuticals

pharmaceutical company

Switzerland

Completed

Cross Border

Synopsis

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Apollo Global Management completed the acquisition of Covis Pharma, a global specialty pharmaceutical company, from Cerberus Capital Management and Princeton BCP. Financial terms were not disclosed. "We are excited to work closely with Covis Pharma’s proven leadership team as they continue to develop treatments that improve patients’ lives. We see significant opportunities ahead as we pursue our shared vision of providing innovative pharmaceutical products to an even broader market. We believe that Covis Pharma is extremely well positioned to grow as a pharmaceutical platform given our collective expertise and Apollo’s deep financial resources," Samuel Feinstein, Apollo Partner.

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