Arsenal Capital Partners’ £178 Million Acquisition Of Cello Health


Ropes & Gray has advised Arsenal Capital Partners on the deal.

Arsenal Capital Partners completed the proposed acquisition by its portfolio company Value Demonstration Holdings LLC of Cello Health plc, an AIM-listed global healthcare-focused advisory group.

Subject to certain regulatory approvals, the transaction will be effected by means of a scheme of arrangement and is expected to complete in August 2020.

Arsenal Capital Partners is a US headquartered private equity firm with a strong track record in the life sciences market Arsenal Capital Partners has a strong track-record of building market-leading companies in the life sciences and pharmaceutical services sector, and their portfolio company Value Demonstration Holdings LLC will work with Cello’s management towards their mission to improve patient health by accelerating and optimising patient access to medical innovations, especially those that have a transformative impact on people’s lives.

The Ropes & Gray team advising Arsenal Capital Partners was led by private equity transactions partner Kiran Sharma (Picture), based in London. Other members of the team included private equity associates Tarun Patel, Daniel Williams, Victoria Srivastava and trainee Moose Sarfraz (London), alongside tax partners David Saltzman (Boston) and Brenda Coleman and tax associate Andrew Douglas (London).

Involved fees earner: Brenda Coleman – Ropes & Gray; Andrew Douglas – Ropes & Gray; Tarun Patel – Ropes & Gray; David Saltzman – Ropes & Gray; Kiran Sharma – Ropes & Gray; Victoria Srivastava – Ropes & Gray; Daniel Williams – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Arsenal Capital Partners;