Venture • Medical Products

L Capital Partners and Three Arch Partners Invest In iScience Interventional

On May 1, 2009, private equity firm L Capital Partners and Three Arch Partners invested in medical products company iScience Interventional for 21M USD

Investment Context
  • This is L Capital Partners’ 4th and Three Arch Partners’ 13th transaction in the Medical Products sector.
  • This is L Capital Partners’ 2nd and Three Arch Partners’ 6th largest (disclosed) transaction.
  • This is L Capital Partners’ 15th and Three Arch Partners’ 22nd transaction in the United States.
  • This is L Capital Partners’ 3rd and Three Arch Partners’ 15th transaction in California.
Investment Fate
  • iScience Interventional was sold to a publicly-traded strategic buyer in 2014.

Explore All 257 Venture Medical Products Deals - Search the Database Free


Investment Summary

Date May 1, 2009
Target iScience Interventional
Sector Medical Products
Investor(s) L Capital Partners
Three Arch Partners
Deal Type Venture
Deal Value 21M USD

Target Company

iScience Interventional

Menlo Park, California, United States
Medical device company and developer of revolutionary microcatheter and breakthrough procedures for eye diseases, including glaucoma.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Investors Overview 2

Investor

L Capital Partners

New York, New York, United States

Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 165M USD
Size Small
Type Sector Focused
DESCRIPTION

L Capital Partners is a specialist private equity firm focused on investing in companies operating within the healthcare, technology, and energy/environmental sectors, looking to bring 'groundbreaking products to market'. Within healthcare, L Capital looks to invest in biopharmaceutical and medical device businesses. Within technology, the Firm's emphasis is on security/defense and IT businesses. And within the energy/environmental sector, the L Capital's focus is investing in opportunities that 'improve the quality of life'. L Capital was formed in 2004 and has offices in New York City and Tel Aviv, Israel.


Deal Context for Investor #
Overall 15 of 16
Sector: Medical Products 4 of 4
Type: Venture 14 of 14
State: California 3 of 3
Country: United States 15 of 15
Year: 2009 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-01 WiSpry

Irvine, California, United States

WiSpry, Inc. is a fabless RF semiconductor company that develops RF silicon integrated circuits and components for wireless communication products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-09 Tengion

Winston-Salem, North Carolina, United States

Tengion, Inc. is a regenerative medicine company, focuses on discovering, developing, manufacturing, and commercializing a range of replacement organs and tissues, or neo-organs and neo-tissues to address unmet medical needs in urologic, renal, gastrointestinal and vascular diseases.

Sell -
Investor

Three Arch Partners

San Mateo, California, United States

Category Private Equity Firm
Founded 1993
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Three Arch Partners is an investor in healthcare companies, including medical devices, diagnostics, and healthcare services. Three Arch primarily invests in early stage companies, however the Firm will consider select later stage investments. Three Arch typically invests alongside others and looks to commit $100k to $15 million per investment. Three Arch Partners was formed in 1993 and is based in San Mateo, California.


Deal Context for Investor #
Overall 23 of 27
Sector: Medical Products 13 of 15
Type: Venture 20 of 21
State: California 15 of 16
Country: United States 22 of 26
Year: 2009 1 of 1
Size (of disclosed) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-10 Threshold Pharmaceuticals

South San Francisco, California, United States

Threshold Pharmaceuticals, Inc. is a biotechnology company focused on the discovery and development of small molecule therapeutics for the treatment of cancer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-20 Visiogen

Irvine, California, United States

Visiogen has developed an implantable device to improve vision impairment due to age-related presbyopia.

Sell $400M