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New Deal


Announced

Completed

Wellington Management led a $325m Series E round in Somatus.

Financials

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Transaction Value£238m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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healthcare

Acquisition

Venture Capital

Friendly

Cross Border

Minority

United States

Health Care Services

Private Equity

Completed

Private

Single Bidder

Synopsis

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Wellington Management led a $325m Series E round in Somatus, a provider of kidney care, with participation from RA Capital Management, GIC, Fidelity Management & Research Company, Anthem, Blue Venture Fund, Deerfield Management Company, Flare Capital Partners, Inova Health System, Longitude Capital, and Optum Ventures. “Since our inception, Somatus has always been committed to bringing superior evidence-based integrated care to patients with kidney disease which delays disease progression, improves quality of life, and lowers total cost of care. This investment puts us in a great position to fund the expansion of our proven care model and continue building a nationwide network of providers and connected patients, who alongside our care teams are working together to improve lives and transform the industry," Ikenna Okezie, Somatus CEO and Co-founder.

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