M&A Deal Summary

Inflexion Acquires CNX Therapeutics

On August 19, 2021, private equity firm Inflexion acquired life science company CNX Therapeutics from Sunovion Pharmaceuticals.

Acquisition Highlights
  • This is Inflexion’s 3rd transaction in the Life Science sector.
  • This is Inflexion’s 86th transaction in the United Kingdom.

M&A Deal Summary

Date 2021-08-19
Target CNX Therapeutics
Sector Life Science
Buyer(s) Inflexion
Sellers(s) Sunovion Pharmaceuticals.
Deal Type Divestiture

Target

CNX Therapeutics

London, United Kingdom
CNX Therapeutics is a manufacture and marketing of ethical pharmaceutical drugs. CNX Therapeutics is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Inflexion

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 10.0B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

Inflexion is a private equity firm that specializes in investments in UK-based founder and family-owned businesses. Broad areas of interest include consumer products/services, business services, healthcare, industrials, technology, and financial services. The Firm's target investment size is £10 to £500 million. Inflexion was formed in 1999 and is based in London.


DEAL STATS #
Overall 94 of 124
Sector: Life Science M&A 3 of 5
Type: Divestiture M&A Deals 5 of 7
Country: United Kingdom M&A 86 of 105
Year: 2021 M&A 12 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-07 Mecenat

Göteborg, Sweden

Mecenat is a marketing technology company connecting students, alumni and young professionals in Sweden with well-known brands by providing access to unique and relevant discounts. Mecenat was founded in 1998 and is based in Göteborg, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 Medivet

Watford, United Kingdom

Medivet is a provider of healthcare services in US with operates over 160 practices. Medivet was founded in 1987 and is based in Watford, United Kingdom.

Sell -

Seller(S) 1

SELLER

Sunovion Pharmaceuticals.

Marlborough, Massachusetts, United States

Category Company
Founded 1984
Sector Life Science
Employees2,100
Revenue 1.3B USD (2008)
DESCRIPTION

Sunovion is a pharmaceutical company dedicated to discovering, developing and commercializing therapeutic products that advance the science of medicine in the central nervous system (CNS) and respiratory disease areas and improve the lives of patients and their families.


DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 Cynapsus Therapeutics

Toronto, Ontario, Canada

Cynapsus Therapeutics, Inc. is a specialty central nervous system pharmaceutical company that has been developing a fast-acting, easy-to-use, sublingual thin film for the on-demand management of debilitating OFF episodes associated with PD.

Buy $624M