Australia's Genesis makes biolabs investment
Genesis Capital, a mid-market Australian private equity firm specialising in healthcare, has acquired a majority stake in Crux Biolabs, a contract research organisation (CRO) based in the Melbourne suburbs.
The size of the deal was not disclosed. It comes from Genesis’ debut fund – one of few dedicated healthcare private equity vehicles operating in the local market – which closed on AUD 190m (USD 142m)...
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