Transaktion

Minerva Imaging in partnership with Nordic Capital

Transaktion

Minerva Imaging in partnership with Nordic Capital

Sell-side

Undisclosed

Roll

Adviser to Minerva Imaging on the sale to Nordic Capital

Sektor

Hälso- och sjukvård

Land

Danmark

We have advised Minerva Imaging, a leading contract research organisation specialising in radiopharmaceuticals, on its sale to the international private equity firm Nordic Capital. 

Since its founding in 2011, Minerva Imaging has grown to become a market-leading contributor in the field of radiopharmaceuticals, cooperating with world-leading biotech and pharmaceutical companies. Minerva Imaging specialises in pre-clinical and early-stage clinical services for the development and testing of advanced pharmaceuticals. Compounds tested target various disease models, primarily in oncology and cardiovascular diseases. The company’s services include in vitro and ex vivo testing, imaging services for translational research and medicine development, and the supply of GMP radiolabelled investigational medicinal products (IMPs). 

In a short time, Minerva Imaging has established itself as the industry’s most integrated service provider in the radiopharmaceutical space, possessing leading competencies within the development of radioligand therapies.  

Nordic Capital is one of the leading private equity firms in the Nordic region, with a strong international presence in the life science sector. Through the partnership, Minerva Imaging will be supported in its continued growth and further international expansion. As part of the new partnership, both founders, Carsten Nielsen and Andreas Kjær, will remain actively involved in the business. Carsten will continue in his operational role as CEO, while Andreas Kjær will remain on the board of directors and the company’s scientific board.

Minerva radiopharmaceuticals

We have been through a long and insightful process, and we are very excited and optimistic about the next chapter with such a competent partner as Nordic Capital. It has been both a very pleasant and highly value-creating experience to have the Clearwater team by our side throughout the journey. We have had an ongoing dialogue for many years, and the team’s persistence and strong personal relationships have shone through all the way to the outcome. Being able to run your business alongside such a process requires someone to take control in every phase. When we initially chose Clearwater as our advisors, it was also decisive that they, like us, are entrepreneurs and owner-managers who understand our reality and our way of doing business.

Carsten Nielsen, CEO and Co-founder, Minerva Imaging

Having developed a strong relationship with Carsten and Andreas over many years, it has been a true honour and pleasure to support them in selecting a partner for the company’s future growth journey. The solution is a perfect match: Nordic Capital has proven to be a very competent and perceptive sparring partner for the company, and they will undoubtedly become the strongest supporter possible. Nordic Capital is very fortunate to join forces with Carsten, Andreas and their team as they unite high-calibre science, impressive industry knowledge, great business acumen and strategic flair while at the same time contributing with their extremely pleasant personalities.

Stig Windeløv, Associate Partner, Clearwater

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