Transactions


Brocair Partners has deep transactional experience across a range of healthcare industry subsectors and transaction types including home health care, dental products, pharmaceutical intermediates, contract research services, healthcare IT, medical products, outsourced clinical services, and nutritional products, just to name a few. Below is a list of selected transactions on which Brocair has advised.

Transaction Size

€37 million

Company/Target Acquired

TangenX Technology Corporation
Advised Groupe Novasep SAS, a Pompey, France-based leading supplier of manufacturing solutions for life science industries, on its divestiture of Shrewsbury, Massachusetts-based subsidiary, TangenX Technology, a manufacturer and distributor of a single-use line of tangential flow filtration cassettes and hardware used in downstream biopharmaceutical manufacturing processes, to Repligen Corporation, a Waltham, Massachusetts-based life sciences company focused on bioprocessing technology leadership.


Acquirer

Repligen Corporation


Transaction Size

Undisclosed

Company/Target Acquired

SimpleLTC Solutions, Inc.

Acquirer

Briggs Healthcare
Advised on the acquisition of SimpleLTC Systems, a Richardson, Texas-based provider of software products to simplify regulatory compliance, reimbursement optimization and quality measurement for long-term care providers, by Briggs Healthcare, a West Des Moines, Iowa-based provider of products and services to the senior care, home care, acute care, physician and retail markets.


Transaction Size

Undisclosed

Company/Target Acquired

Nano Bridging Molecules SA
Advised Nano Bridging Molecules, a Gland, Switzerland-based developer of advanced dental and orthopedic surface treatment technology, on their partnership with MIS Implants Technologies, a Bar Lev, Israel-based dental implant business.

Acquirer

MIS Implants Technologies Ltd.


Transaction Size

$144 million

Company/Target Acquired

KnowledgePoint360 Group LLC

Acquirer

UDG Healthcare plc
Advised on the acquisition of the healthcare communications business of KnowledgePoint360, a Macclesfield, U.K. and Lyndhurst, New Jersey-based global provider of multi-channel healthcare communication services, by UDG, a Dublin, Ireland-based international healthcare services company serving the pharmaceutical industry.


Transaction Size

Undisclosed

Company/Target Acquired

Ultra Solutions, LLC
Worked with Ultra Solutions, a Chino, California-based provider of refurbished and reconditioned diagnostic ultrasound and echocardiography machines, and its owner, E&A Industries, on its sale to Salt Creek Capital, a Menlo Park, California-based private equity fund.

Acquirer

Salt Creek Capital


Transaction Size

Undisclosed

Company/Target Acquired

Girling Healthcare of New York, Inc.

Acquirer

Home Health Care Services of NY
Advised HCS, a New York State Department of Health Licensed Home Health Care Agency operating in the five boroughs of New York City, on the acquisition of Girling Healthcare of New York, a home healthcare and personal home care business operating in New York City.


Transaction Size

Over SEK 200.0 million

Company/Target Acquired

Biomain ABAdvised Biomain, a Helsingborg, Sweden-based dental prosthetics company, on its sale to Heraeus Dental, part of the Heraeus Group, a precious metals and technology holding company based in Hanau, Germany.

Acquirer

Heraeus Group


Transaction Size

$19.2 million

Company/Target Acquired

Synthetech, Inc.
Advised Synthetech, a publicly-traded, Albany, Oregon-based fine chemicals company, specializing in organic synthesis, biocatalysis, and chiral technologies for the pharmaceutical industry, on its sale to W.R. Grace & Co., a leading chemical company listed on the New York Stock Exchange.

Acquirer

W. R. Grace & Co.


Transaction Size

N/A

Company/Target Acquired

Synthetech, Inc.
Provided a fairness opinion to the board of directors of Synthetech in conjunction with the sale of their business to W.R. Grace & Co.

Acquirer


Transaction Size

Undisclosed

Company/Target Acquired

MediSync BioServices, Inc.

Acquirer

Vyteris, Inc.
Advised Vyteris, a publicly-traded transdermal drug delivery company based in Fair Lawn, New Jersey, on its acquisition of MediSync, a business focused on the consolidation of high-value, niche contract research organizations (CRO), site management organizations (SMO) and related businesses.


Transaction Size

$21.5 million

Company/Target Acquired

Candescent Healing LLC
Advised the Woodbury, New York-based predecessor entity to Candescent Healing (which was subsequently renamed), a group of companies that develop and operate comprehensive wound care and hyperbaric oxygen therapy facilities within hospitals, on its sale to Boston, Massachusetts-based Candescent Partners and a consortium of private equity purchasers that included Harbert Mezzanine Capital and Gemini Investors.

Acquirer

Candescent Partners, LLC


Transaction Size

Undisclosed

Company/Target Acquired

Micromuscle AB
Advised Micromuscle, a company, based in Linköping, Sweden, that provided an advanced, biocompatible electroactive polymer with physical functionality similar to a human muscle and can be incorporated into medical devices, to Creganna, a Galway, Ireland-based company that provides products and technologies for medical device OEMs.

Acquirer

Creganna


Transaction Size

Undisclosed

Company/Target Acquired

ProstaLund AB
Advised ProstaLund, a provider of equipment for the treatment of benign prostate enlargement based in Uppsala, Sweden, on its sale to Farstorps, a holding company based in Malmö, Sweden, owned by investor Bo Håkansson.

Acquirer

Farstorps Gård Förvaltnings AB


Transaction Size

N/A

Company/Target Acquired

Synthetech, Inc.
Advised Synthetech on its response to an unsolicited offer by a potential buyer, including an analysis of the offer, and advice to the board on and participation in their negotiations with the buyer.

Acquirer


Transaction Size

$100.0 million

Company/Target Acquired

Natrol, Inc.

Acquirer

Plethico Pharmaceuticals Limited
Advised Plethico, a Bombay Stock Exchange-listed provider of herbal, nutraceutical, and pharmaceutical products based in Indore and Mumbai, India, on its acquisition of Natrol, a Nasdaq-listed manufacturer and marketer of branded nutritional products, based in Chatsworth, California.


Transaction Size

Undisclosed

Company/Target Acquired

NutriJoy, Inc.
Advised NutriJoy, a Manhattan, Kansas-based provider of dietary supplements and medical foods, including calcium-fortified juices and snack foods, on a licensing agreement with Ruchi Soya Indusries, a Mumbai, India-based provider of edible oils, vanaspati, bakery fats, and soya food in India. Ruchi also offers soya chunks, granules, and soya flour products and exports products to Asia, Europe, and the Middle East.

Acquirer

Ruchi Soya Industries Limited


Transaction Size

N/A

Company/Target Acquired

Scandius BioMedical, Inc.
Advised Scandius BioMedical, a Littleton, Massachusetts-based orthopedics company focused on the arthroscopic repair of the torn anterior cruciate ligament (ACL), on a valuation of the business.

Acquirer


Transaction Size

$6.5 million

Company/Target Acquired

BIOSAFE Medical Technologies, Inc.

Advised BIOSAFE, a Lake Forest, Illinois-based provider of diagnostic test kits and services, on an investment by Hilco Financial, a financial services group based in Northbrook, Illinois.

Acquirer

Hilco Financial


Transaction Size

N/A

Company/Target Acquired

American Bio Medica Corporation
Advised American Bio Medica, a Kinderhook, New York-based, publicly-traded, manufacturer of substance abuse testing kits, on an evaluation of various strategic options.

Acquirer


Transaction Size

$5.0 million

Company/Target Acquired

Romark Laboratories L.C.
Advised Romark Laboratories, a Tampa, Florida-based specialty pharmaceutical company on an investment by Merrill Lynch Captal, based in Bethesda, Maryland, to support its drug development efforts.

Acquirer

Merrill Lynch Capital


Transaction Size

£3.0 million

Company/Target Acquired

Digital Healthcare Ltd.
Advised Digital Healthcare, a company that makes software for image management in clinical ophthalmology, based in Cambridge, England, on an investment by a consortium of venture capital funds in the U.K. and France, led by Albany Ventures.

Acquirer

Albany Ventures, Sitka Partners, Elaia Partners