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New Deal


Announced

Completed

HIG Capital completed the acquisition of a majority stake in Aspire Pharma from Juno Pharmaceuticals for $298m.

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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Pharmaceuticals

Majority

Single Bidder

asset-light business model

Friendly

Completed

Cross Border

Private Equity

Acquisition

Private

United Kingdom

Synopsis

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HIG Capital, an investment firm, completed the acquisition of a majority stake in Aspire Pharma, a provider of niche generic and branded specialty pharmaceuticals, for $298m. Juno Pharmaceuticals, a biopharmaceutical company, will divest its stake. “We are delighted to be supporting Graham and his team to further build upon Aspire’s success. The Company’s track record of identifying, developing and launching niche pharmaceutical products, coupled with H.I.G.’s international presence and history of supporting organic and acquisitive growth in its portfolio companies, underpins an exciting next chapter for Aspire,” John Harper, HIG Capital Managing Director.

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