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New Deal


Announced

Completed

A group of investors led a $150m Series A round in Avenzo Therapeutics.

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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Biotechnology

Completed

Private Equity

Cross Border

United States

Single Bidder

Friendly

Acquisition

Minority

biotechnology

Private

Venture Capital

Synopsis

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A group of investors including New Enterprise Associates, Deep Track Capital, Sofinnova Investments, and Sands Capital, led a $150m Series A round in Avenzo Therapeutics, a clinical-stage biotechnology company, with participation from INCE Capital, TF Capital, Delos Capital, and Quan Capital. “The team at Avenzo has made great progress over the past 18 months since formation on our mission to advance the next generation of oncology therapies for patients,” Athena Countouriotis, Avenzo Co-Founder, President and CEO.

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