S-UBG has invested an undisclosed sum into nanotech company MagnaMedics GmbH, taking around a 17% stake in the business. Co-investors The BioScience Ventures Group AG and Limburg Ventures BV also particpated in the financing.
Shares are sold by shares were held by CapMan Buyout X Fund A and CapMan Buyout X Fund B
Advent made a takeover offer of 165 pence per share in cash, which represents a 34% premium in July
Business strategy platform will expand its product and triple its team size
Fund targets companies operating in the healthcare industry, primarily pharma, medtech and outsourced services