M&A Deal Summary |
|
|---|---|
| Date | 2025-03-31 |
| Target | Novotech |
| Sector | Life Science |
| Buyer(s) |
Temasek Holdings
GIC TPG |
| Sellers(s) | TPG |
| Deal Type | Secondary Buyout |
SEARCH BY
| Category | Sovereign Wealth Fund |
|---|---|
| Founded | 1974 |
| PE ASSETS | 434.0B SGD |
| Size | Mega |
| Type | Sector Agnostic |
Temasek Holdings is a state-owned investment holding company. Temasek is owned by the government of Singapore and invests directly and indirectly in a broad range of assets and sectors. Target sectors include financial services, telecommunications, media, technology, transportation, industrials, life science, consumer, real estate, energy, and resources. Temasek was formed in 1974 and is based in Singapore.
| DEAL STATS | # |
|---|---|
| Overall | 50 of 50 |
| Sector: Life Science M&A | 6 of 6 |
| Type: Secondary Buyout M&A Deals | 9 of 9 |
| Country: Australia M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-03-19 |
Neoen
Paris, France Neoen develops, finances, builds and operates green power facilities in France, enabling farmers, local authorities and companies to realize their renewable energy potential. Neoen offers a range of technologies capable of providing a rapid, large-scale response to the objectives drawn up by France's "Grenelle Environnement" think-tank and to France's energy ambitions, by generating power from various sources: solar photovoltaic, on- and offshore wind, biomass, and methane recovery. Neoen was founded in 2008 and is based in Paris, France. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-23 |
Alvogen
Pine Brook, New Jersey, United States Alvogen is a multinational pharmaceuticals company focused on developing, manufacturing, and distributing generic, brand, over-the-counter brands (OTC), and biosimilar products. Alvogen was founded in 2009 and is based in Pine Brook, New Jersey. |
Sell | $2.0B |
GIC Private Ltd. is the investment arm of Singapore. The Group primarily invests through three investment groups, including public markets, private equity and real estate. GIC's private equity practice looks to invest in funds as well as directly in companies. GIC is based in Singapore with additional offices globally.
| DEAL STATS | # |
|---|---|
| Overall | 45 of 46 |
| Sector: Life Science M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 16 of 16 |
| Country: Australia M&A | 3 of 3 |
| Year: 2025 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-02 |
Calisen
Manchester, United Kingdom Calisen is an owner and manager of essential energy infrastructure assets. Calisen was founded in 2002 and is based in Manchester, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-17 |
WaterBridge
Houston, Texas, United States WaterBridge develops, owns and operates permanent, integrated water infrastructure networks to address the long-term produced water management requirements of its blue-chip customer base under long-term, fee-based contracts. WaterBridge was founded in 2015 and is based in Houston, Texas. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 442 of 451 |
| Sector: Life Science M&A | 46 of 46 |
| Type: Secondary Buyout M&A Deals | 74 of 75 |
| Country: Australia M&A | 8 of 8 |
| Year: 2025 M&A | 3 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-06 |
Altus Power
Stamford, Connecticut, United States Altus Power is a commercial-scale provider of clean electric power serving commercial, industrial, public sector and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally sited solar generation, energy storage, and charging infrastructure across the nation. Altus Power was founded in 2009 and is based in Stamford, Connecticut. |
Buy | $2.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-15 |
Crunch
New York, New York, United States Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all types of people, with all types of goals, exercising all different ways; working out at the same place together. Crunch was founded in 1989 and is based in New York City. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 272 of 277 |
| Sector: Life Science M&A | 33 of 33 |
| Type: Secondary Buyout M&A Deals | 37 of 41 |
| Country: Australia M&A | 5 of 5 |
| Year: 2025 M&A | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-06 |
Altus Power
Stamford, Connecticut, United States Altus Power is a commercial-scale provider of clean electric power serving commercial, industrial, public sector and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally sited solar generation, energy storage, and charging infrastructure across the nation. Altus Power was founded in 2009 and is based in Stamford, Connecticut. |
Buy | $2.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-15 |
Crunch
New York, New York, United States Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all types of people, with all types of goals, exercising all different ways; working out at the same place together. Crunch was founded in 1989 and is based in New York City. |
Sell | - |
