US edition, free version
 
 
 

View this email online 

 
 

The Wire

Private equity deal news and insights from the New York newsroom

Apr 11, 2025

 

65 Equity, Arlington, GHO target CDMOs; NMS sells urology platform to General Atlantic

Good morning, John R Fischer here with the US Wire from the New York newsroom.

 

We’re taking a healthcare-focused break from the tariff turmoil. First up, we have my listicle on PE investments in contract development and manufacturing organizations, which are attracting the likes of 65 Equity Partners, Arlington Capital Partners and GHO Capital.

 

We’ll finish up with Friday Focus, where we take a look at NMS Capital’s sale of a urology company to General Atlantic.

 

PE Hub continues to follow the evolving tariff situation, and editor-in-chief MK Flynn will be back on our tariff coverage on Monday’s US Wire. If you have thoughts to share, you can reach MK at [email protected].

 

Enhancing responsiveness

Cost containment, accelerated time-to-market, recurring revenues and strong cash flows are among the factors driving PE firms to invest in the fragmented contract development and manufacturing organization (CDMO) market.

 

Arlington Capital Partners is among the firms targeting the sector, having acquired Team Technologies in November.

 

PE Hub rounded up seven deals in the CDMO segment from the last six months.

 

To learn more about deals in the CDMO sector and to know what company Kohlberg & Company was expected to collect bids for, check out the premium Wire coverage.

 

Friday Focus

Earlier this week, NMS Capital exited its investment in US Urology Partners via a “significant” growth investment from General Atlantic.

 

New York-based NMS formed the company in 2019 with Central Ohio Urology Group. NMS invested in Central Ohio Urology Group in 2018.

 

Become a premium subscriber of the Wire to learn more about the transaction.

 

That’s it for me. As always, if you have any questions, thoughts or want to chat, please email me at [email protected].

 

Before I sign off, I would like to wish everyone celebrating a Happy Passover this weekend.

 

Nina Lindholm will bring you the Europe Wire on Monday, and MK Flynn will be in the US chair.

 

Cheers,

John

 

Read the full Wire commentary on PE Hub ...

Today's must reads
> PE taps into CDMO market’s ‘strong growth’: 7 deals More...
> Bain Capital eyes global expansion for Namirial amid rising digital security demands More...
> Autism care supply-demand imbalance is driving PE investments More...
> ‘New kind of optimism’ in Europe's energy sector More...
> Add-ons played key role in First Eagle Investments' growth amid rise of HNWIs More...

Also of note (may require subscriptions)

 

In the tariff-sparked market turmoil of the past week, some LPs are taking more time to move forward with investments, going back to better understand strategies and forecasts in the changed environment. (Buyouts)

 

Venture Capital Journal has an update on its exclusive directory of more than 380 women-led venture capital firms (Venture Capital Journal)

 

Two debt market veterans have set up Firebrand Investors, a New York-based GP focused on the fast-growing private credit market, according to a person familiar with the firm. (Infrastructure Investor)

 

Bonnefield Financial has made an investment into Canadian animal health and pharmaceuticals producer Solvet. (Agri Investor)

 

 

Deals

NXT Capital: Middle-Market Direct Lending and Investor Solutions
> Gemspring Capital-backed Ampam Parks Mechanical scoops up Seal Electric More...
> Aquiline Capital-backed Relation Insurance Services snaps up True-Course Aviation Insurance More...
> WestBridge invests in creative agency Koto More...
> European Dynamics picks up investment from CAPZA, Abry Partners More...
> Eurazeo invests France-based Ekoscan Integrity More...
> Mubadala Energy takes minority stake in Kimmeridge's SoTex More...
People
> Mérieux Equity Partners names François Rosenfeld as partner More...
> BelHealth-backed Beach House Behavioral Health hires Lyle Fried as business development director More...
> Warburg Pincus appoints Martyn Curragh as senior advisor More...
 
 

They said it

“We’re seeing strong growth in the CDMO arena driven by global life science manufacturers strengthening their supply chains to insulate them from geopolitical tensions, while at the same time, enhancing their responsiveness.”

— Matt Altman, managing partner, Arlington, on PE’s attraction to CDMOs.

Today's letter was prepared by John R Fischer

Did someone forward you this email? Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article.

FIND OUT MORE

Please visit Buyouts for the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC. 

 

London | New York | Hong Kong | Tokyo | Sydney

PEI Group Ltd is registered in England no.6135779

Registered office: 5th Floor, 100 Wood Street, EC2V 7AN

LinkedInTwitter
 

To update your PE Hub email preferences, or to unsubscribe, click here.