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Announced

Completed

TA Announces completed the investment in Synokem Pharmaceuticals.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Acquisition

Friendly

India

Private

Private Equity

pharmaceutical

Single Bidder

Pharmaceuticals

Completed

Minority

Synopsis

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TA Announces, a growth private equity firm, completed the investment in Synokem Pharmaceuticals, a pharmaceutical company. Financial terms were not disclosed. “With industry expansion being driven by both demographic and economic factors, including higher health insurance penetration and affordability, we believe there is a strong opportunity to build on Synokem’s momentum and further expand its capabilities. We look forward to complementing the organic growth of the Company with TA’s expertise in strategic acquisitions, as well as our broad network and global resources,” Vishal Gupta, TA Director.

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