February 4, 2015
Debt advisory, Refinancing
Refinancing of NextPharma
GCA Altium acted as exclusive financial adviser on the refinancing of NextPharma, a leading pharmaceutical contract manufacturing organisation.
NextPharma acts as outsourcing partner to a variety of customers providing outstanding expertise in both commercial manufacturing of conventional dosage forms and manufacturing of products requiring specialist containment including hormones, penicillins, cephalosporins and controlled drugs.
Acquired by an affiliate of Sun European Partners in 2011, the company has successfully improved its operations and focused on its core activities in order to benefit from the increasing trend of production outsourcing by pharmaceutical companies.
GCA Altium structured and coordinated the refinancing discussions in a competitive process and advised Sun European Partners on all commercial aspects of the transaction.
The transaction closed in January 2015.