Investment Summary

Huadong Medicine Co. Invests In R2 Dermatology

On June 13, 2019, Huadong Medicine Co. invested in medical products company R2 Dermatology from Innovate

Investment Highlights
  • This is Huadong Medicine Co.’s 1st transaction in the Medical Products sector.
  • This is Huadong Medicine Co.’s 1st transaction in the United States.
  • This is Huadong Medicine Co.’s 1st transaction in California.

Investment Summary

Date 2019-06-13
Target R2 Dermatology
Sector Medical Products
Investor(s) Huadong Medicine Co.
Sellers(s) Innovate
Deal Type Stake Purchase

Target

R2 Dermatology

San Ramon, California, United States
R2 Dermatology is a developer of medical devices for the treatment of aesthetic and medical skin conditions, including a skin lightening and skin-tone evening product utilizing “cold technology”. R2 Dermatology was formed in 2014 and is based in San Ramon, California.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Huadong Medicine Co.

Hangzhou, China

Category Company
Founded 1993
Sector Medical Products
DESCRIPTION

Huadong Medicine Co. Ltd. is a manufacturer and distributor of pharmaceutical and medical products in China.


DEAL STATS #
Overall 2 of 2
Sector: Medical Products M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 Sinclair Pharmaceuticals

London, United Kingdom

Sinclair Pharmaceuticals Ltd. is an international specialty pharma company, with corporate headquarters in London, UK, and operations headquarters in Paris, France.

Buy $222M

Seller(S) 1

SELLER

Innovate

New York, New York, United States

Category Company
Founded 1994
Sector Diversified
Employees3,135
Revenue 1.1B USD (2024)
DESCRIPTION

Innovate is a diversified holding company that seeks to acquire and grow businesses that generate sustainable free cash flow. Innovate has a diverse array of operating subsidiaries, each with its own dedicated management team, across a broad set of industries, including, but not limited to, telecom/infrastructure, large-scale U.S. construction, energy, and life sciences. Innovate was founded in 1994 and is based in New York, New York.


DEAL STATS #
Overall 2 of 3
Sector: Medical Products M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 Azteca America

Glendale, California, United States

Azteca America is a spanish-language broadcast network providing original content to the Hispanic audience in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-30 Global Marine Group

Chelmsford, United Kingdom

Global Marine Group is a provider of engineering and underwater services, responding to the subsea cable installation, maintenance, and burial requirements. Global Marine Group was founded in 1983 and is based in Chelmsford, United Kingdom.

Sell $250M