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New Deal


Announced

Completed

Biotechnology Value Fund completed the $60m investment in Verastem.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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United States

Domestic

Completed

cancer medicines

Pharmaceuticals

Friendly

Single Bidder

Acquisition

Minority

Private Equity

Public

Synopsis

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Biotechnology Value Fund, a San Francisco-based private investment partnership specializing in fundamentally-driven public biotechnology investments, completed the $60m investment in Verastem, an American pharmaceutical company that develops medicines to treat certain cancers.

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