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New Deal


Announced

Creador and InvAscent to invest $68m in Accumax.

Financials

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Transaction Value£54m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

laboratory consumables

Private

Medical Equipment

benchtop equipment

Friendly

Pending

Acquisition

Domestic

Private Equity

Single Bidder

Minority

Synopsis

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Creador, a private equity firm, and InvAscent, an Indian Life Sciences Fund, agreed to invest $68m in Accumax, a maker of laboratory consumables and benchtop equipment. "Accumax is poised to benefit from the increased global focus and investments in vaccines, bioharma and pharma research activities post the COVID-19 pandemic," Sumit Gupta, InvAscent Managing Director.

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