.
MergerLinks Header Logo

Announced

Completed

Sixth Street led a $150m Series A round in Master Control.

Financials

Edit Data
Transaction Value£121m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Venture Capital

Acquisition

United States

Single Bidder

software solutions

Domestic

Friendly

Private Equity

Software

Minority

Completed

Private

Synopsis

Edit

Sixth Street, a global investment firm, led a $150m Series A round in Master Control, a provider of quality and manufacturing software solutions for the life sciences. "For nearly three decades, we’ve been laser-focused on our mission to make life-changing products available to more people sooner. This commitment has led us to attack inefficiencies in quality and manufacturing that were extending product research and delivery cycles. We see an urgent need to help our customers to deliver their breakthrough technologies to the market faster and at a lower cost. Our goal is to add a strategic partner with resources and expertise to help us to meet the significant need for our solutions. We’re fortunate to have the experienced investment team at Sixth Street Growth to help make that a reality," Jon Beckstrand, MasterControl CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US