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Article: Quotient Bioscience Receives Strategic Investment of GBP 35 Million from TA Associates.
- Article from:
- Biotech Week
- Article date:
- September 17, 2008
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Quotient Bioscience Group Limited ("Quotient" or "the Company"), a leading provider of analytical and safety evaluation services and products for bioscience and sport, announced it has raised a significant minority investment of approximately GBP 35 million from TA Associates, one of the world's largest and oldest private equity firms (see also TA Associates).
The proceeds will be used to fund the Company's acquisition-led and organic growth strategy. Quotient has identified and is in discussions with a number of acquisition candidates with a view to strengthening its growing market position in Europe and North America.
Quotient has completed four ...