Ropes & Gray represented GHO Capital in its acquisition of X-Chem, a leader in providing DNA-Encoded library (DEL) drug discovery services for pharmaceutical companies. The transaction was announced on June 3. Terms of the transaction were not disclosed. The press release is here.
GHO Capital is a leading specialist healthcare investment advisor based in London. GHO Capital’s investment fund represents the largest specialist private equity fund dedicated to European healthcare.
The Ropes & Gray team that represented GHO Capital was led by private equity partners Neill Jakobe and Tim Castelli (both of Chicago), and included private equity associate Raxit Shah (Chicago), tax partner Elaine Murphy (Boston), finance partner Alex Zeltser (New York), employment, executive compensation & benefits partner Loretta Richard, executive compensation & benefits associate Jen Cormier, IP transactions partner Regina Penti (all of Boston), health care partner Deborah Gersh (Chicago) and life sciences partner Al Cacozza (Washington D.C.).
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