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Hong Kong Startup Pickupp Raises $15 Million From Billionaires And Conglomerates For Asia Expansion

Hong Kong Startup Pickupp Raises $15 Million From Billionaires And Conglomerates For Asia Expansion
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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ZQ Capital Sells Surgical Specialties for About $800 Million

ZQ Capital Sells Surgical Specialties for About $800 Million
Bloomberg
2/1/2021
© Bloomberg
Surgical tools are seen on display in Germany.
(Bloomberg) China-focused private equity firm ZQ Capital sold a U.S. medical device manufacturer to buyout firm GTCR for about $800 million including debt, people familiar with the matter said.
A consortium led by ZQ Capital, founded by a pair of former Barclays Plc and JPMorgan Chase & Co. bankers, and Vivo Capital sold Surgical Specialties Corp., according to a release on Monday, which didn’t give the transaction value.
A representative for ZQ Capital declined to comment on the value. A spokesperson for GTCR didn’t respond to a request for comment. ....

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