European PE deal multiples declined to 9.9x in the first quarter of 2018, according to the recently released Clearwater Multiples Heatmap Q1 2018 Update, the first time the average multiple has fallen to single digits since Q1 2016.
Startup has raised €9m since being founded in 2015.
A fifth of the company will be retained by the vendor, De Menego family
Pharmaceuticals-focused GP aims to support GeneWerk's growth to meet demand for its services
Agilitas acquired LCG in March 2020 for an enterprise value of £125-150m from MML Capital