Investment Summary

Telegraph Hill Partners Exits Nimble Therapeutics

On December 13, 2024, AbbVie invested in life science company Nimble Therapeutics from Telegraph Hill Partners

Investment Highlights
  • This is AbbVie’s 13th transaction in the Life Science sector.
  • This is AbbVie’s 11th transaction in the United States.
  • This is AbbVie’s 1st transaction in Wisconsin.

Investment Summary

Date 2024-12-13
Target Nimble Therapeutics
Sector Life Science
Investor(s) AbbVie
Sellers(s) Telegraph Hill Partners
Deal Type Add-on Acquisition

Target

Nimble Therapeutics

Madison, Wisconsin, United States
Nimble Therapeutics is a provider of massively parallel chemical synthesis to drug discovery. Nimble’s proprietary technology enables the synthesis and screening of millions of peptides, including scaffolded natural and modified macrocyclic peptidomimetics. Nimble Therapeutics was founded in 2019 and is based in Madison, Wisconsin.

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Investor(S) 1

Investor

AbbVie

North Chicago, Illinois, United States

Category Company
Founded 2012
Sector Life Science
Employees55,000
Revenue 56.3B USD (2024)
DESCRIPTION
Entrance to Abbvie's office in Lake Forest, Illinois.
Entrance to Abbvie's office in Lake Forest, Illinois.

AbbVie is a research-based biopharmaceutical company. AbbVie develops and markets advanced therapies that address complex and serious diseases. AbbVie's products are focused on treating conditions such as chronic autoimmune diseases, including rheumatoid arthritis, psoriasis, and Crohn's disease; low testosterone; HIV; endometriosis; thyroid disease; Parkinson's disease; and complications associated with chronic kidney disease and cystic fibrosis, among other health conditions. AbbVie was founded in 2012 and is based in North Chicago, Illinois.


DEAL STATS #
Overall 13 of 15
Sector: Life Science M&A 13 of 15
Type: Add-on Acquisition M&A Deals 12 of 13
State: Wisconsin M&A 1 of 1
Country: United States M&A 11 of 13
Year: 2024 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-28 Aliada Therapeutics

Boston, Massachusetts, United States

Aliada Therapeutics is a biotechnology company focused on addressing delivery challenges in CNS drug development. Aliada Therapeutics is based in Boston, Massachusetts.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-30 Capstan

San Diego, California, United States

Capstan Therapeutics is developing a targeted delivery platform and therapeutics to reprogram immune cells in vivo for a broad range of disease categories. Capstan was founded in 2021 and is based in San Diego, California.

Buy $2.1B

Seller(S) 1

SELLER

Telegraph Hill Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Venture Capital Firm
Founded 2001
Size Middle-Market
Type Sector Focused
DESCRIPTION

Telegraph Hill Partners is a specialist private equity firm focused on investing in later-stage life science, medical device, and healthcare companies. Prospective companies should be at or near profitability and demonstrate success. Other areas of interest within the healthcare sector include life science technologies, chemistry/reagent suppliers, and information management. Telegraph Hill Partners was formed in 2001 and is based in San Francisco, California.


DEAL STATS #
Overall 29 of 29
Sector: Life Science M&A 13 of 13
Type: Add-on Acquisition M&A Deals 24 of 24
State: Wisconsin M&A 2 of 2
Country: United States M&A 28 of 28
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-07 n6

Pleasanton, California, United States

n6 is a developer of advanced thermocycling technology for DNA amplification and sequencing. n6 is based in Pleasanton, California.

Buy -