The Private Equity team advised Nautic Partners on the completion of its acquisition of Mikart, Inc. Mikart is a leading contract development and manufacturing organization (“CDMO”) offering a full range of integrated services, technology and support for the development, manufacturing and packaging of solid dose and non-sterile liquid pharmaceuticals. Ongoing investments in the business, including state-of-the-art serialization-compliant packaging lines, enable Mikart to provide customers with the latest in CDMO offerings and capabilities, often years ahead of regulatory requirements and industry standards. Financial terms were not disclosed.
Nautic Partners is a middle-market private equity firm that focuses on three industries: healthcare, industrial products, and outsourced services. Nautic's strategy is to partner with management teams to accelerate the growth trajectory of its portfolio companies via add-on acquisitions, targeted operating initiatives, and increased management team depth.
For additional details on the acquisition, please read the press release.