Investment Summary

HBM Partners AG, International Finance and Corisol Holding Invest In 1MG Technologies

On July 27, 2019, private equity firm HBM Partners AG, International Finance and Corisol Holding invested in e-commerce company 1MG Technologies

Investment Highlights
  • This is HBM Partners AG’s 1st, International Finance’s 1st and Corisol Holding’s 1st transaction in the E-Commerce sector.
  • This is HBM Partners AG’s 2nd, International Finance’s 3rd and Corisol Holding’s 1st transaction in India.

Investment Summary

Date 2019-07-27
Target 1MG Technologies
Sector E-Commerce
Investor(s) HBM Partners AG
International Finance
Corisol Holding
Deal Type Venture
Advisor(s) DCS Advisory LLC (Financial)

Target

1MG Technologies

Gurgaon, India
website
1MG Technologies is an online pharmacy network and medicine search engine that allows users to order medicines and book for diagnostic test. 1MG Technologies was founded in 2012 and is based in Gurgaon, India.

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Investor(S) 3

Investor

HBM Partners AG

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2001
PE ASSETS 3.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

HBM Partners is a private investment firm focused on investing in entrepreneurial biopharma and other healthcare-related companies in Europe, North America, India and other Emerging Markets. HBM looks to invest $5 to $50 million per transaction and will consider private and public companies. HBM Partners was established in 2001 and is headquartered in Zug, Switzerland.


DEAL STATS #
Overall 28 of 65
Sector (E-Commerce) 1 of 2
Type (Venture) 22 of 53
Country (India) 2 of 2
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-18 Arrakis Therapeutics

Waltham, Massachusetts, United States

Arrakis Therapeutics is pioneering the discovery of small-molecule medicines that directly bind to and modify the biological function of RNA to treat disease. This new class of medicines, RNA-targeted small molecules (rSMs), can unlock the therapeutic potential of deeply researched, valuable targets that are not accessible at the level of their expressed, undruggable protein. Arrakis Therapeutics was founded in 2015 and is based in Waltham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-13 SpringWorks Therapeutics

Stamford, Connecticut, United States

SpringWorks Therapeutics is a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer. SpringWorks Therapeutics was founded in 2017 and is based in Stamford, Connecticut.

Sell -
Investor

International Finance

Washington, District of Columbia, United States

website


Category Company
Sector Financial Services
DESCRIPTION

International Finance Corp. is a sister organization of the World Bank and a member of the World Bank Group—is a global development institution focused on the private sector in developing countries. International Finance is based in Washington, District of Columbia.


DEAL STATS #
Overall 5 of 8
Sector (E-Commerce) 1 of 1
Type (Venture) 1 of 1
Country (India) 3 of 3
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Nephrocare Health Services

Hyderabad, India

Nephrocare Health Services is a dialysis provider network offering highest quality dialysis services. NephroPlus has 75 centers currently across 15 states in India performing 600,000 treatments per year. Nephrocare Health Services was established in 2009 and is based in Hyderabad, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-25 Nephrocare Health Services

Hyderabad, India

Nephrocare Health Services is a dialysis provider network offering highest quality dialysis services. NephroPlus has 75 centers currently across 15 states in India performing 600,000 treatments per year. Nephrocare Health Services was established in 2009 and is based in Hyderabad, India.

Sell $45M
Investor

Corisol Holding

Zug, Switzerland

website


Category Company
Founded 1974
Sector Financial Services
DESCRIPTION

Corisol Holding, together with its wholly owned subsidiaries KWE Beteiligungen AG, Swiss Small Cap Invest AG and VBF Holding AG is a family office which also engages in philanthropical activities. Corisol Holding was founded in 1974 and is based in Zug, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector (E-Commerce) 1 of 1
Type (Venture) 1 of 1
Country (India) 1 of 1
Year (2019) 1 of 1