CBC Group Acquired by GHO Capital | Financial Services M&A Deal

GHO Capital has acquired CBC Group, a financial services other business in Singapore, for $21 billion. CBC Group is a healthcare-focused asset manager that allocates capital to innovation-led healthcare opportunities, supporting growth across Asia-Pacific healthcare markets. GHO Capital acquisitions combine specialist healthcare investing with operating expertise to build a dedicated healthcare investment platform spanning North America, Europe, and Asia-Pacific. The merger acquisition is a private equity acquisition announced at over $100M, creating a healthcare investment manager with more than 200 professionals across 13 offices and targeting around 90% of global healthcare R&D spend, with the definitive agreement signed for a global scaling strategy.