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SK Capital Partners announced that it completed a strategic investment in Halo Pharmaceutical.
SK Capital Partners announced on Jan. 6, 2015 that it completed a controlling strategic growth investment in Halo Pharmaceutical. SK Capital Partners is a private investment firm with a focus on specialty materials, chemicals, and healthcare. Halo-a technology-focused contract development and manufacturing organization with a specialty in solid, semi-solid, and liquid dosage forms, especially controlled substances-is the sixth platform company for SK Capital Partners Fund III.
“As continuing owners of a significant share in the business, we are excited to partner with an industry-focused investor who can provide capital and resources to further improve our business and support our growth plans as we build our business … By having SK Capital as our partner, Halo will have the resources to acquire strategic assets that will increase our dosage forms offerings, formulation technologies, and enable superior customer service as a one-stop source for formulation development through commercialization,” said Mohd Asif, co-founder of Halo Pharmaceutical, in a press release.
Source: SK Capital Partners