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New Deal


Announced

Completed

H.I.G. Capital completed an investment in Rising Pharmaceuticals.

Financials

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

Tags

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pharmaceutical company

Single Bidder

generic drugmaker

Friendly

Private Equity

Acquisition

Private

Pharmaceuticals

United States

Minority

Completed

Domestic

Synopsis

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H.I.G. Capital, a private equity firm, completed an investment in Rising Pharmaceuticals, a provider of generic and specialty pharmaceuticals. Financial terms were not disclosed. "We are excited to partner with Vimal Kavuru and Rising Pharmaceutical’s exceptional management team. As partners, we look forward to supporting Vimal and his team to further build upon Rising Pharmaceutical’s tremendous success. We see a major opportunity in the broader U.S. generic pharmaceutical industry, and the Company’s track record of identifying, developing and launching complex pharmaceutical products should create an exciting next chapter for Rising Pharmaceuticals," Mike Gallagher, H.I.G. Capital Managing Director.

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