Essential announces 900 million euros recapitalization

12 December 2024

UK-based Essential Pharma has announced the completion of a 900 million euros ($945 million) financing.

The company was acquired in 2019 by Gyrus Capital, which claims to have supported its transformation into a high-growth specialty pharma group with significant development opportunities.

Carlyle Group's AlpInvest is leading the refinancing, while Sixth Street is providing 300 million euros of structured equity and growth debt.

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