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Permira Funds Acquires LSNE

Matt Halvorsen will remain as LSNE’s chief executive

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Private equity firm Permira has acquired Lyophilization Services of New England (LSNE). As part of the transaction, LSNE founder and chief executive officer Matt Halvorsen will maintain a significant equity stake in the company and will continue to lead the company in his current role. Founded in 1997, LSNE provides a wide range of development and manufacturing services to the pharmaceutical, biotechnology and medical device industries, specializing in aseptic fill/finish and lyophilization s...

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