Nordic Capital Fund VII and New York-based private equity firm Avista Capital Partners have acquired ConvaTec, a provider of wound therapeutics and ostomy care products, from Bristol-Myers Squibb for $4.1bn. The deal is expected to close in the third quarter of 2008.
Danish venture capital firm exits the business after having invested in it in 2016
Restructuring agreement will reduce the company's current debt, amounting to €575m, to €242m
Former partner at IBM Ventures Christoph Auer-Welsbach joins Kaizo as a co-founder
GP has taken a significant minority stake in the Germany-based data privacy software provider