Repligen Corporation (NasdaqGS:RGEN) entered into an agreement to acquire Polymem S.A. on June 22, 2021. The transaction will be funded from Repligen's cash on hand which totaled approximately $711 million at March 31, 2021. Under the transaction, Jean-Michel Espenan, President of Polymem, Franc Saux and the Polymem team will be joining the Repligen family. Jean-Michel Espenan and Franc Saux will stay on with Polymem in their current respective roles of President and Technical Director. The transaction is subject to the satisfaction of customary closing conditions and is expected to close during Repligen's third fiscal quarter of 2021. Perella Weinberg Partners LP acted as the financial advisor and William Robert, David Diamant, Sarah Fleury, Marie-Laure Bruneel, Jason C. Breen and Courtney M. Hetrick of Goodwin Procter LLP acted as the legal advisor to Repligen.

Repligen Corporation (NasdaqGS:RGEN) completed the acquisition of Polymem S.A. for $47 million on July 1, 2021. Of the purchase price, $4.3 million is deposited into an escrow account against which Repligen may make claims for indemnification.