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New Deal


Announced

Completed

SFW Capital-backed Caron completed the acquisition of Bigneat.

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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medical supplies

Single Bidder

Completed

Cross Border

Majority

Medical Supplies

Acquisition

Private

Friendly

Private Equity

United Kingdom

Synopsis

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SFW Capital-backed Caron, a manufacturer of laboratory equipment for biopharmaceutical, biotechnology, outsourced pharmaceutical services, completed the acquisition of Bigneat, a manufacturer of clean air, hazard containment and safety systems. Financial terms were not disclosed. "Bigneat is an excellent strategic acquisition for Caron. The companies have complementary products, engineering capabilities, operational expertise and geographic footprint. Caron and Bigneat are both well-positioned to benefit from rapidly growing areas in the life sciences industry, including development of cell and gene therapies, laboratory automation and continued focus on productivity and safety of laboratory professionals," Jay Hexamer, Caron CEO.

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