BroadOak Invests in Microsize (Lonza's North American Micronization Business)
July 1, 2022
BroadOak Capital Partners led an investor-backed launch of Microsize after acquiring Lonza’s North American micronization business in Quakertown, Pennsylvania. The newly independent CDMO — operating three facilities and focused on micronization and particle-size control for APIs and excipients — will be run by industry veterans including Chairman Derek Hennecke and CEO TJ Higley to expand US-based API solubility and bioavailability enhancement capabilities.
- Buyers
- BroadOak Capital Partners, Investor group of industry veterans (including Derek Hennecke and TJ Higley)
- Targets
- Microsize
- Sellers
- Lonza
- Industry
- Pharmaceuticals
- Location
- Pennsylvania, United States
- Transaction Type
- Divestiture
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