Last checked at 
24 Nov 2017 07:00
JPEL Private Equity Limited
Ground Floor
Cambridge House
Le Truchot, St Peter Port
Guernsey, GY1 1WD
www.jpelonline.com
SALE OF CELERION
· CELERION WAS JPEL'S 2nd LARGEST INVESTMENT AT 30 SEPTEMBER 2017
· JPEL RECEIVED PROCEEDS OF APPROXIMATELY USD 44.5 MILLION
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GUERNSEY, 24 NOVEMBER 2017
MTS Health Investors, LLC ("MTS"), a healthcare-focused private equity firm, announced that its portfolio company Celerion Holdings, Inc. ("Celerion") has partnered with Court Square Capital Partners ("Court Square"). Court Square is investing in partnership with the Celerion management team, who will continue to own a minority interest in the Company. JPEL held an indirect interest in Celerion.
As part of the transaction, JPEL received proceeds of approximately USD $44.5 million.
At 30 September 2017, Celerion represented 8.1% of JPEL's private equity investments and was JPEL's 2nd largest underlying investment.
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About JPEL Private Equity Limited
JPEL Private Equity Limited is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed primarily to invest in the global private equity market. The investment objective of the Company is to achieve both short and long-term capital appreciation by investing in a well-diversified portfolio of private equity fund interests and by capitalising on the inefficiencies of the secondary private equity market.
ENQUIRIES:
FCF JPEL Management LLC
JPELClientService@fortress.com