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New Deal


Announced

Completed

Telegraph Hill-backed EditCo Bio completed the acquisition of Engineered Cell Solutions Business unit of Synthego.

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

Single Bidder

Private Equity

Private

genome engineering solutions

United States

Friendly

Completed

Acquisition

Domestic

Majority

Synopsis

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Telegraph Hill-backed EditCo Bio, a pioneer in the development of cells as reagents, completed the acquisition of Engineered Cell Solutions Business unit of Synthego, a pioneering provider of genome engineering solutions, offering a comprehensive suite of products and services to accelerate CRISPR-based cell and gene therapy development. Financial terms were not disclosed. "EditCo begins its journey with the benefit of significant investment in our cell engineering capabilities while part of Synthego. Our proven products and manufacturing operations enable us to immediately serve customers with industry-leading CRISPR solutions and world-class customer support,” John Tan, Synthego CEO.

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