KKR to Acquire Bushu Pharmaceuticals From BPEA EQT

KKR to Acquire Bushu Pharmaceuticals From BPEA EQT

KKR & Co. L.P. and Bushu Pharmaceuticals Ltd. announced on December 20 a definitive agreement under which KKR will acquire all shares in Bushu Pharmaceuticals from Asian private equity firm BPEA EQT. KKR is making its investment from one of its Asia-focused investment funds. The transaction is expected to be completed in Q1 2023, subject to customary approvals and closing conditions. Following the transaction’s completion, KKR aims to accelerate Bushu’s growth and further position it as a leading contract development and manufacturing organization (CDMO) for the pharmaceuticals market in Japan and worldwide. Terms of the deal were not disclosed. Bushu Pharmaceuticals Ltd. was... Read More »
Millstone Medical Outsourcing Acquires MycoScience

Millstone Medical Outsourcing Acquires MycoScience

Millstone Medical Outsourcing has acquired MycoScience. Headquartered in Willington, Connecticut, MycoScience has more than 30 years of expertise in medical device and pharmaceutical laboratory testing, environmental testing and related regulatory support services. Fall River, Massachusetts-based Millstone Medical Outsourcing is a provider of customized outsourcing solutions to the medical device industry with a client roster of global original equipment manufacturers and emerging-growth companies. Millstone was acquired by private equity firm Arlington Capital Partners in January 2022. MycoScience’s leadership team will remain at the helm. Terms of the deal were not disclosed. According... Read More »
Millstone Medical Outsourcing Acquires MycoScience

ARCH Medical Acquires Alpha Manufacturing & Design

ARCH Medical Solutions, a platform company of middle-market private equity firm The Jordan Company, announced on November 21 its acquisition of Alpha Manufacturing & Design. The acquisition adds to the depth and breadth of the ARCH Medical portfolio of precision-manufacturing solutions. Terms of the deal were not disclosed. Alpha Manufacturing & Design is a precision contract manufacturer for the orthopedic industry, specializing in highly engineered and complex surgical devices for spine, trauma, large joint and dental applications. ARCH Medical Solutions is a consolidated contract manufacturer for orthopedic and dental implants and instruments, as well as components and... Read More »
CDMOs Kindeva Drug Delivery & Meridian Medical Technologies to Merge

CDMOs Kindeva Drug Delivery & Meridian Medical Technologies to Merge

Kindeva Drug Delivery, a Woodbury, Minnesota-based medical manufacturer, is merging with Meridian Medical Technologies, a maker of auto-injector pens and similar devices based in St. Louis, Missouri. Kindeva and Meridian will continue to operate independently until closing. The combined company will have a substantial breadth of drug delivery capabilities, with expertise and technology spanning the parenteral, inhalation, transdermal and intradermal routes of administration. Milton Boyer, CEO of Meridian, will be CEO of the newly combined company. Financial terms of the deal were not disclosed. Kindeva Drug Delivery is a contract development manufacturing organization (CDMO) for... Read More »
GHO Capital Partners, The Vistria Group Acquire Alcami

GHO Capital Partners, The Vistria Group Acquire Alcami

Private equity firms GHO Capital Partners LLP and The Vistria Group have acquired pharmaceutical contract development and manufacturing organization Alcami Corporation. GHO Capital and The Vistria Group will acquire a 50/50 controlling interest in Alcami from funds affiliated with Madison Dearborn Partners and Ampersand Capital Partners. Terms of the transaction were not disclosed. Alcami Corporation is headquartered in Durham, North Carolina, with more than 40 years of experience advancing products through every development life-cycle stage. Leveraging 675,000 square feet across the U.S., Alcami serves pharmaceutical and biotech companies of all sizes. Global Healthcare Opportunities, or... Read More »
CDMOs Kindeva Drug Delivery & Meridian Medical Technologies to Merge

​​Burke Porter Group Acquires D&K Engineering

Burke Porter Group (BPG) announced on October 14 that it acquired San Diego, California-based D&K Engineering (D&K). According to the LevinPro HC database, this marks the 26th contract development manufacturing organization (CDMO) acquisition of the year. Founded in 1953, BPG is a global supplier of automated diagnostic, testing and production solutions serving life science and specialty industrial end markets. BPG focuses on automating high-precision processes, leveraging its capabilities in microfluidics, optical design, additive manufacturing, motion control and software. D&K Engineering is an end-to-end product design and contract manufacturing services provider supporting... Read More »