M&A Deal Summary

BelHealth Investment Partners and The BroadOak Fund Acquire Gemini Bio

On September 14, 2018, private equity firm BelHealth Investment Partners and growth capital firm The BroadOak Fund acquired life science company Gemini Bio

Acquisition Highlights
  • This is BelHealth Investment Partners’ 4th and The BroadOak Fund’s 4th transaction in the Life Science sector.
  • This is BelHealth Investment Partners’ 16th and The BroadOak Fund’s 5th transaction in the United States.
  • This is BelHealth Investment Partners’ 4th and The BroadOak Fund’s 3rd transaction in California.

M&A Deal Summary

Date 2018-09-14
Target Gemini Bio
Sector Life Science
Buyer(s) BelHealth Investment Partners
The BroadOak Fund
Deal Type Buyout (LBO, MBO, MBI)

Target

Gemini Bio

West Sacramento, California, United States
Gemini Bio is a biological reagents manufacturer and supplier serving the scientific community across academic research and the biotechnology and biopharma industries. Gemini Bio was founded in 1985 and is based in West Sacramento, California.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

BelHealth Investment Partners

Fort Lauderdale, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2011
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

BelHealth Investment Partners LLC is a private equity firm focused on mid-sized healthcare companies. The Firm looks to invest $20 to $50 million per transaction and specifically targets healthcare services, healthcare products, healthcare distribution, and healthcare IT. BelHealth prefers companies with recurring revenue, high margins, diverse customers, low regulatory oversight, and modest technology risk. Prospective companies are typically profitable with at least $20-$100 million of enterprise value, $10-$100 million of revenue and $2-$10 million of EBITDA. BelHealth was formed in 2011 and is based in New York City.


DEAL STATS #
Overall 16 of 16
Sector (Life Science) 4 of 4
Type (Buyout (LBO, MBO, MBI)) 14 of 14
State (California) 4 of 4
Country (United States) 16 of 16
Year (2018) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-17 NavaDerm Partners

New York, New York, United States

NavaDerm Partners is an operator of a dermatology platform consists of 19 dermatologists and 2 physician assistants providing comprehensive general dermatology across medical, surgical, and cosmetic procedures. NavaDerm Partners was founded in 2018 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Care Advantage

Richmond, Virginia, United States

Care Advantage is a provider of home healthcare and related services in Virginia. The Company specializes in “one-on-one” quality nursing care in the home for both “unskilled care” and “skilled care” patients. Care Advantage was founded in 1988 and is based in Richmond, Virginia.

Sell -
DESCRIPTION

The BroadOak Fund is the investment affiliate of life science focused investment bank BroadOak Capital Partners. The BroadOak Fund provides growth capital to life sciences tools and service providers that have achieved a level of commercial success. The BroadOak Fund is based in Bethesda, Maryland.


DEAL STATS #
Overall 5 of 25
Sector (Life Science) 4 of 20
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (California) 3 of 9
Country (United States) 5 of 23
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 BioNex Solutions

San Jose, California, United States

BioNex Solutions is a privately funded life science company focused on providing customers with advanced technology systems for laboratory automation and liquid handling. BioNex Solutions was founded in 2009 and is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-20 Halo Labs

Burlingame, California, United States

Halo Labs is revolutionizing biopharmaceutical drug product quality by commercializing low volume, high throughput tools to characterize product stability and safety. From developability assessment through quality control, Halo Labs provides unprecedented insights that reduce development time and improve patient safety. Halo Labs is based in Burlingame, California.

Buy -