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New Deal


Announced

Completed

Azurity Pharmaceuticals completed the acquisition of Slayback Pharma from KKR and Everstone.

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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Acquisition

Private

Domestic

Completed

Friendly

Pharmaceuticals

pharmaceuticals

research & development

United States

Majority

Single Bidder

Private Equity

Synopsis

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Azurity Pharmaceuticals, a privately-held pharmaceutical, completed the acquisition of Slayback Pharma, a New Jersey-based company focused on complex generic and specialty pharmaceutical products, from KKR and Everstone, two private equity firms. Financial terms were not disclosed. "I am delighted to announce this combination and the increased potential it brings to do more for overlooked patients. The complementary expertise of the two companies in developing innovative dose forms will result in a strong pipeline of new medicines to meet the needs of patients. We will bring the commercial expertise of Azurity to Slayback's pipeline and look forward to introducing an even wider range of dose-forms and formulations to meet a broader set of patient needs," Richard Blackburn, Azurity CEO.

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