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New Deal


Announced

Completed

Claret Capital and Kreos completed the $150m investment in Abivax.

Financials

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Transaction Value£118m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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treatment development

Minority

Completed

Friendly

Private Equity

Public

Biotechnology

biotechnology

France

Acquisition

Cross Border

Single Bidder

Synopsis

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Claret Capital, a company that provides financing to growth-stage European companies with strong management and proven revenue traction in substantial markets, and Kreos, a provider of innovative and flexible debt solutions, completed the $150m investment in Abivax, a French clinical-stage, publicly traded biotechnology company. “We’re delighted to have advised on the investment into Abivax, alongside the Kreos team. With the impressive long-term safety and efficacy seen in Phase IIa and Phase IIb trials, the Fund’s investment reflects our belief that Obefazimod can have a significant positive impact on the lives of patients,“ David Bateman, Claret Capital Managing Partner.

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