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New Deal


Announced

Completed

Gurnet Point Capital and Patient Square Capital to acquire Radius Health for $890m.

Financials

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Transaction Value£725m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium59%
One Off Charge-

Tags

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Private Equity

United States

Domestic

biopharma

Majority

Acquisition

Privatisation

Biotechnology

Friendly

Public

Completed

Single Bidder

Synopsis

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Gurnet Point Capital, a private equity and venture capital firm, and Patient Square Capital, a health care investment firm, completed the acquisition of Radius Health, a biopharmaceutical company, for $890m. “We are delighted to be acquiring Radius and providing additional resources to the Company during this critical time. We fully believe in the value of the Company’s portfolio and are looking forward to working closely with the Company to deliver a positive impact for patients,” Travis Wilson, Gurnet Point Partner.

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