Arsenal Capital Partners Invests $449M in Certara
December 8, 2022
Arsenal Capital Partners closed a previously announced $449 million stock purchase in Certara, acquiring shares from funds controlled by EQT Private Equity and becoming a long-term minority investor. As part of the transaction Arsenal appointed Operating Partner David Spaight to Certara's board while Stephen McLean remains a director; Arsenal agreed to a two-year lock-up on the newly purchased shares.
- Buyers
- Arsenal Capital Partners
- Targets
- Certara, Inc.
- Sellers
- Funds controlled by EQT Private Equity
- Industry
- Biotechnology
- Location
- New Jersey, United States
- Transaction Type
- Growth capital
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