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Business
Excelsyn Lines Up Outside Investors
May 14, 2007
| A version of this story appeared in
Volume 85, Issue 20
Excelsyn, a British pharmaceutical services company, has received a combined $9.8 million investment from Endless, a private equity firm, and NorthStar Equity Investors, a government-backed investment outfit. Endless and NorthStar will each take a 17.5% share in Excelsyn. The company, which will have $26 million in sales for the 12 months ending this month, is in the midst of an $8 million expansion of its pharmaceutical chemical manufacturing capabilities.
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