THG PLC Acquires Bentley Laboratories LLC

Montagu Acquires Majority Stake in HTL Biotechnology

February 28, 2022

Pharmaceuticals

Montagu, a leading private equity firm, has acquired a majority stake in HTL (HTL Biotechnology) from Bridgepoint, with minority shareholders Naxicap and Téthys Invest retaining their holdings. Montagu will support HTL's international expansion, R&D and premium product positioning and has appointed Paul Navarre as Chairman to help drive the company's next growth phase.

Boston Scientific Acquires BTG plc

August 19, 2019

Medical Devices

Boston Scientific Corporation completed its acquisition of BTG plc by scheme of arrangement, with BTG shareholders receiving 840 pence in cash per share. The purchase brings BTG’s interventional medicine portfolio, specialty pharmaceuticals and licensing business into Boston Scientific, strengthening its capabilities in interventional oncology and vascular therapies.

The Hilb Group Acquires Kerr-Boswell, Inc.

December 1, 2019

Insurance

The Hilb Group, LLC (THG), a Richmond-based middle-market insurance brokerage and portfolio company of The Carlyle Group, acquired Bristol, Virginia-based Kerr-Boswell, Inc., effective December 1, 2019. Kerr-Boswell's staff will continue operating from their Bristol location under THG's Abingdon, VA operations as part of THG's strategy to expand its regional footprint in Virginia.

The Hilb Group Acquires Benefit Foundations, LLC and Hires Patrick Grant

May 1, 2021

Insurance

The Hilb Group, LLC (THG) acquired Benefit Foundations, LLC effective May 1, 2021 and concurrently hired employee benefits specialist Patrick Grant to join its New Agency Partners office in Parsippany, New Jersey. The acquisition strengthens THG’s employee benefits capabilities in the Tri-State region; THG is a PE-backed insurance brokerage (portfolio company of The Carlyle Group) pursuing growth through strategic add-on acquisitions.

Catalent Acquires Bettera Brands from Highlander Partners for $1 Billion

August 30, 2021

Food & Beverage

Catalent, Inc. agreed to acquire Bettera Holdings, LLC (Bettera Brands) from Highlander Partners for $1 billion. The acquisition expands Catalent's consumer health and nutraceutical manufacturing capabilities—adding Bettera's gummy, soft chew, and lozenge production capacity and approximately 500 employees across four U.S. facilities.

Thoma Bravo Acquires Greenphire from The Riverside Company

May 26, 2021

Cloud & SaaS

Thoma Bravo has agreed to acquire Greenphire, a King of Prussia, Pennsylvania–based leader in financial lifecycle management software for clinical trials, from The Riverside Company in a strategic growth investment. The deal (expected to close in Q2 2021) will support Greenphire’s product innovation and global expansion; financial terms were not disclosed.