M&A Deal Summary |
|
|---|---|
| Date | 2012-06-27 |
| Target | EKR Therapeutics |
| Sector | Life Science |
| Buyer(s) | Cornerstone Therapeutics |
| Sellers(s) |
NewSpring Capital
LLR Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 150M USD |
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Cornerstone Therapeutics Inc. (CRTX), a wholly-owned subsidiary of Chiesi Farmaceutici S.p.A., headquartered in Cary, N.C., is a specialty pharmaceutical company focused on commercializing products for the hospital and adjacent specialty markets.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Life Science) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 84 |
| Sector (Life Science) | 3 of 6 |
| Type (Add-on Acquisition) | 7 of 47 |
| State (New Jersey) | 1 of 8 |
| Country (United States) | 13 of 83 |
| Year (2012) | 1 of 3 |
| Size (of disclosed) | 13 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-31 |
Sussex Wire
Easton, Pennsylvania, United States Sussex Wire, Inc. specializes in the design, manufacturing, and distribution of highly-engineered, specialty metal parts and components utilizing cold-forming technology. Sussex Wire was founded in 1974 and is based in Easton, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-16 |
Aisthesis
Bethesda, Maryland, United States Aisthesis provides anesthesiology services to Ambulatory Surgery Centers (ASCs) in the greater Washington D.C. metro area. ASCs perform minor surgeries and medical procedures that would otherwise be performed in hospitals at greater cost and less convenience. Anesthesia's board-certified anesthesiologists perform their services with drugs that produce fewer side effects to patients resulting in shorter recovery times and increased facility utilization for the ASCs. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $30 to $150 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 74 |
| Sector (Life Science) | 1 of 1 |
| Type (Add-on Acquisition) | 13 of 47 |
| State (New Jersey) | 6 of 8 |
| Country (United States) | 22 of 73 |
| Year (2012) | 2 of 3 |
| Size (of disclosed) | 9 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-04-01 |
Acre Security
Las Vegas, Nevada, United States Acre Security is a manufacturer of electronic security products that are emphasizing the ongoing transition to more open platform systems. Acre Security was founded in 2012 and is based in Las Vegas, Nevada. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-07-26 |
Physicians Immediate Care
Rockford, Illinois, United States Physicians Immediate Care is an operator of urgent care, occupational medicine, physical therapy and employer services such as physicals and drug screening. Physicians Immediate Care was founded in 1987 and is based in Rockford, Illinois. |
Buy | - |
