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New Deal


Announced

Completed

Phoenix-backed Sygnature Discovery completed the acquisition of XenoGesis.

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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Domestic

United Kingdom

laboratory services

Majority

Acquisition

Private

Friendly

Completed

Biotechnology

Single Bidder

Private Equity

Synopsis

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Phoenix Equity Partners-backed Sygnature Discovery, a drug discovery company, completed the acquisition of XenoGesis, the UK’s largest independent laboratory-based CRO. Financial terms were not disclosed. "This acquisition effectively doubles the size of our DMPK department (established in 2015), broadening our discovery and development expertise, complementing our existing service-offering and adding new skills and capabilities," Sygnature Discovery.

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