Investment Group Forms Syngence Corporation to Acquire Syngence LLC

Riverside Partners Combines Sequoia Biotech Consulting and Syner-G BioPharma Group

September 18, 2024

Healthcare Services

Boston-based private equity firm Riverside Partners has combined two of its portfolio companies, Sequoia Biotech Consulting and Syner-G BioPharma Group, into a single, integrated life‑sciences services business. The combined organization — bringing together regulatory, development, quality, and operational capabilities — has approximately 500 employees and will provide end-to-end solutions to pharmaceutical, biotechnology, and medical device clients.

LoneTree Capital Makes Minority Growth Investment in Synergy Pet Group

May 4, 2023

Veterinary

Synergy Pet Group, a Lakewood, New Jersey–based provider of pet-related employee benefits, tech-enabled services, and veterinary software, received a minority growth investment from LoneTree Capital. LoneTree will support Synergy’s product rollouts, new business lines and strategic add-on activity, and Matt Koven will join Synergy’s board; terms were not disclosed.

Eureka Equity Partners Acquires Synergi, LLC

January 24, 2023

Industrial Services

Eureka Equity Partners has acquired Synergi, LLC, a leading engineering and construction firm that designs, fabricates and installs modular feature staircases, in a transaction executed in partnership with Synergi's senior management. Lafayette Square provided the debt financing to support the acquisition and BDO Capital served as Synergi's exclusive financial advisor; management will remain in place to continue growing the business from its Elkridge, Maryland headquarters.

Searchlight Capital Acquires Minority Stake in Synergy Marine Group

October 7, 2022

Transportation

Funds advised by Searchlight Capital Partners acquired a minority ownership stake in Synergy Marine Group, a Singapore-headquartered global ship manager. The investment will support Synergy's digitalization, capability expansion and continued growth across its ship management, crew management and marine services operations.

AbbVie Acquires Syndesi Therapeutics

March 1, 2022

Biotechnology

AbbVie has acquired Syndesi Therapeutics for up to US$1.0 billion, including US$130 million upfront, to strengthen its neuroscience portfolio and accelerate Syndesi's lead SV2A program SDI-118 into later-stage development. Syndesi was a Novo Seeds / UCB spin-out backed by Novo Holdings and a syndicate of Belgian and international investors.

Avance Investment Management Invests in Synergy Infrastructure Holdings

January 20, 2022

Industrial Services

Avance Investment Management made a significant platform investment in Synergy Infrastructure Holdings, a Tampa-based construction equipment and specialty pump rental provider with 19 locations across the Southeastern U.S. Avance will partner with founder and CEO Juan Carlos "JC" Mas and the existing management team to expand Synergy's locations, products and service capabilities and to pursue organic growth and strategic acquisitions.