PRESS RELEASE
11 March 2025

Katten Represents Deerfield Management In Take-Private Acquisition Of Singular Genomics Systems, Inc.

KM
Katten Muchin Rosenman LLP

Contributor

Katten is a firm of first choice for clients seeking sophisticated, high-value legal services globally. Our nationally and internationally recognized practices include corporate, financial markets and funds, insolvency and restructuring, intellectual property, litigation, real estate, structured finance and securitization, transactional tax planning, private credit and private wealth.
A Katten team represented Deerfield Management Company, L.P. in the successful acquisition of publicly-held Singular Genomics Systems, Inc.
United States

A Katten team represented Deerfield Management Company, L.P. in the successful acquisition of publicly-held Singular Genomics Systems, Inc.

The transaction, which closed on February 21, 2025, involved a newly formed holding company owned by Deerfield acquiring outstanding shares of Singular Genomics common stock for $20 per share in cash. In lieu of receiving cash consideration, several of Singular Genomics' stockholders, including Deerfield, converted outstanding shares of Singular Genomics' into equity interests in the post-closing holding company. With the completion of this acquisition, Singular Genomics has transitioned to operating as a private company, a move intended to provide Singular Genomics with greater flexibility in advancing its strategic objectives.

The Katten team was led by Capital Markets Partner and Co-Chair Mark Wood and Mergers and Acquisitions Partner Josh Feiger and included Capital Markets Partner Jonathan Weiner and Associates Michelle Mount and Kyle Warbinton; Mergers and Acquisitions Associates Kylie Sholty and Adam Hansen; Employee Benefits and Executive Compensation Partner Mitchel Pahl and Associate Neal Patel; Corporate Labor and Employment Partner Michelle Gyves; Tax Partner Jill Darrow; and Intellectual Property Partner Sean Wooden and Associate Yaesul Park.

"Singular Genomics Announces Closing of Acquisition by Deerfield Management," Global Newswire, February 21, 2025.

Contributor

Katten is a firm of first choice for clients seeking sophisticated, high-value legal services globally. Our nationally and internationally recognized practices include corporate, financial markets and funds, insolvency and restructuring, intellectual property, litigation, real estate, structured finance and securitization, transactional tax planning, private credit and private wealth.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More