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New Deal


Announced

Marathon Asset Management to acquire Kaléo for $310m.

Financials

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Transaction Value£233m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Private

Pending

Pharmaceuticals

Single Bidder

United States

Friendly

Majority

life-transforming products

Acquisition

Synopsis

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Marathon Asset Management, an investment firm, agreed to acquire Kaléo, a privately held pharmaceutical company, for $310m. “The sales trajectory of Kaléo has been impressive, and we view the company as a platform for growth,” said Dr. Evan Bedil, Head of Healthcare at Marathon. We plan to leverage the company’s strong portfolio of intellectual property, its leading reputation among allergists and its experienced management team, to pursue multiple avenues of growth in the coming years,” Evan Bedil, Marathon Head of Healthcare.

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