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New Deal


Announced

Completed

Avidity Partners led a $200m funding round in NeoGenomics.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales12x
EV/EBITDA249x
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

cancer diagnostic

Health Care Facilities

Venture Capital

Acquisition

United States

Private

Friendly

Private Equity

Completed

Minority

Synopsis

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Avidity Partners, an investment company, led a $200m funding round in NeoGenomics, a network of clinical laboratories that specializes in cancer genetics diagnostic testing services. Additional investors include Farallon Capital Management, RS Investments, Casdin Capital, Driehaus Capital, Pura Vida Investments, RTW Investments, Janus Henderson Investors, Federated Hermes Kaufmann Fund, Soleus Capital, Blue Water Life Science Fund, Woodline Partners and First Light Asset Management.

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