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Healthcare & Life Sciences Private Equity Deal Tracker: Great Point Invests in iXCells Biotechnologies

By Geoff Cockrell on October 3, 2022
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Great Point Partners (GPP) has completed a growth investment in iXCells Biotechnologies, according to a news release.

iXCells, based in San Diego, is a provider of cell-based products and discovery services to the academic, biotech and pharmaceutical communities worldwide. Founded in 2014, the company focuses on primary and induced pluripotent stem cell-derived cellular models.

GPP, based in Greenwich, Conn., is a private investment firm focused on the healthcare industry. Founded in 2003, the firm targets investments in biopharmaceutical supply chain services and products; healthcare services; healthcare information technology-enabled services; and medical devices and diagnostics in businesses operating in the United States, Canada and Western Europe. GPP pursues companies generating between $10 million and $100 million of revenue and $2 million to $12 million of EBITDA, with equity investments ranging from $7 million to $50 million.

Terms of the investment were not disclosed.

Photo of Geoff Cockrell Geoff Cockrell

Geoff is the immediate past chair of the firm’s private equity group where he served for over a decade. He also formerly served on the firm’s Board of Partners. He has a wide scope of experience in mergers and acquisitions and financing transactions.

Geoff is the immediate past chair of the firm’s private equity group where he served for over a decade. He also formerly served on the firm’s Board of Partners. He has a wide scope of experience in mergers and acquisitions and financing transactions. His mergers and acquisition experience, representing private equity sponsors, strategic purchasers and sellers extends across a diverse number of industries with a primary focus on healthcare provider services transactions. Geoff is a national contributor both at conferences and in publications on a wide array of issues unique to the private equity industry. He regularly contributes to Law360’s Healthcare and Private Equity sections, and is an author of The Healthcare Investor, a blog on healthcare finance topics.

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  • Posted in:
    Health Care and Life Sciences
  • Blog:
    The Healthcare Investor
  • Organization:
    McGuireWoods LLP
  • Article: View Original Source

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