Runway Growth Finance to acquire SWK Holdings for $220m.

Runway Growth Finance, a provider of flexible capital solutions, agreed to acquire SWK Holdings, , a life science focused specialty finance company, for $220m. “This transaction meaningfully advances our strategy to diversify and optimize our portfolio by adding SWK’s high-quality investments in the key sectors of healthcare and life sciences. At the same time, we are enhancing our earnings power, more than offsetting the anticipated loan repayments we previously signaled, and we expect to deliver mid-single-digit NII accretion. This transaction reinforces the strength of Runway Growth’s portfolio as we work to generate long-term value for our shareholders through disciplined growth and venture debt investing with a focus on excellent credit quality in the sectors we know best," David Spreng, Runway Growth Founder and CEO.