Chicago Caprion Proteomics completes sale to Chicago Growth Partners
Date Closed
July 19, 2012
Lead Office
Montréal
Value
4.50 Million USD
On July 19, 2012, Chicago Growth Partners acquired Caprion Proteomics Inc. from Great Point Partners LLC, Thallion Pharmaceuticals Inc., and Covance Inc.
For its 16% stake, Thallion Pharmaceuticals said it will receive approximately US$4.5 million in cash with US$3.9 million payable immediately and US$583,000 held in escrow to be released within the following 15 months.
Caprion Proteomics, headquartered in Montréal, Québec, is a provider of proteomics biomarker and target identification services.
Chicago Growth Partners, headquartered in Chicago, Illinois, is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies.
McCarthy Tétrault LLP represented Caprion Proteomics, as target, with a team that was led by Veronique Wattiez Larose.