Listed Advanced Medical Solutions (AMS) has confirmed it is in discussions with TA Associates, a US private equity firm investment team specialising in five target industries: technology, financial services, healthcare, consumer and business services, regarding a possible takeover.
AMS, a developer and manufacturer of tissue-healing technology, has said there is...
The British Business Bank, the UK government’s economic development bank, has agreed to make a £100m (US$135.5m) commitment to Apposite Healthcare Growth I, a fund investing to support the growth of health technology companies, primarily in the UK. This will be the British Business Bank’s largest fund commitment to date and is the Bank’s first commitment to Apposite Capital.
“The need for scale up funding is especially pronounced in life sciences,” said Mark Andrews, investment director, Funds, Life Sciences, British Business Bank. “However, there remains a shortage of later-stage funds,...