.
MergerLinks Header Logo

New Deal


Announced

Cinven to acquire a majority stake in BioAgilytix from Caledonia Investments.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Pending

Private Equity

Cross Border

Biotechnology

biotechnology

United States

Private

Single Bidder

Majority

Friendly

testing inspection and certification

Synopsis

Edit

Cinven, a private investment firm, agreed to acquire a majority stake in BioAgilytix, a provider of molecular bioanalysis and bioanalytical test services, from Caledonia Investments, a London-based investment trust. Cobepa, a private investment firm, and GHO Capital will remain a significant minority investor in the company. Financial terms were not disclosed. "As we move into our next chapter of our evolution, Cinven will provide the additional resources that will empower us to expand not only our geographical reach but will also enable us to invest further in our talent and facilities around the globe to meet the ever-growing needs of our customers," Jim Datin, BioAgilytix President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US