The Biomedical Translation Fund will be run by OneVentures, Brandon Capital and BioScience Managers.
Tag Archives | Australia
The Australian buyout house has bought the domestic assets of the gym group from Oaktree and Marathon Asset Management.
Reforms in Australia’s healthcare sector, a low dollar and the country’s ageing population continue to make the healthcare industry attractive for PE investors.
Australian firm Quadrant Private Equity has acquired the gym chain for A$260m from theme park operator Ardent Leisure.
The Australian private equity powerhouse, which owns ICON Cancer Care, raised A$980m for the vehicle in less than two months.
The Australian firm has supported The Mater Private Hospital’s refinancing with a €300m loan, one of the largest transactions completed in the European market.
Private equity firm Primavera Capital and a drug manufacturer have made an offer to acquire Australian health food maker Vitaco.
Having grown GenesisCare’s business in Europe through acquisitions and partnerships, KKR is selling its 45% stake in the healthcare provider to China Resources Group and Macquarie Capital.
Willing buyers, an ageing population and a fragmented market make selective healthcare assets highly prized.
China’s growing middle class and changes in consumer behaviour are driving deal activity in healthcare.