Investment Summary

HBM Partners and BVF Partners Invest In SpringWorks Therapeutics

On April 1, 2019, private equity firms HBM Partners and BVF Partners invested in life science company SpringWorks Therapeutics

Investment Highlights
  • This is HBM Partners’ 21st and BVF Partners’ 1st transaction in the Life Science sector.
  • This is HBM Partners’ 16th and BVF Partners’ 1st transaction in the United States.
  • This is HBM Partners’ 1st and BVF Partners’ 1st transaction in Connecticut.
Investment Fate
  • SpringWorks Therapeutics went public in 2019.
  • SpringWorks Therapeutics was sold to a strategic buyer in 2025 for 3.9B USD.

Investment Summary

Date 2019-04-01
Target SpringWorks Therapeutics
Sector Life Science
Investor(s) HBM Partners
BVF Partners
Deal Type Venture

Target

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.

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Investor(S) 2

Investor

HBM Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 2.1B USD
Size Large
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 27 of 65
Sector: Life Science M&A 21 of 56
Type: Venture M&A Deals 19 of 52
State: Connecticut M&A 1 of 1
Country: United States M&A 16 of 44
Year: 2019 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-26 Adrenomed

Berlin, Germany

Adrenomed is a privately-financed, clinical-stage biopharmaceutical company with a clear mission: to rescue vascular integrity in order to save the lives of critically ill patients with limited treatment options. Adrenomed was founded in 2009 and is based in Berlin, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-18 Hookipa

New York, New York, United States

Hookipa is a clinical stage biotech company aiming to develop best-in-class active immunization therapies for infectious diseases and oncology. Hookipa was founded in 2011 and is based in New York, New York.

Sell -
DESCRIPTION

BVF Partners LP is a private investment firm focused on providing long-term investments in small-cap public biotechnology companies. Prospective transaction types include management buyouts, recapitalizations, and venture. BVF Partners was formed in 1993 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 3
Sector: Life Science M&A 1 of 3
Type: Venture M&A Deals 1 of 2
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2019 M&A 1 of 1
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 -