Blockchain Registration Transaction Record

Runway Growth Acquires SWK in $220M Healthcare Finance Deal

Runway Growth Finance acquires SWK Holdings in $220M merger, expanding healthcare portfolio to 31% and growing assets to $1.3B. Deal expected to boost investment income and diversify funding options for life sciences companies.

This merger represents a significant consolidation in the specialty finance sector that could reshape how growth-stage healthcare companies access capital. For entrepreneurs and companies in the life sciences space, the combined entity creates a more substantial funding source with enhanced capabilities to support medical innovation. Investors benefit from increased scale and diversification in a high-growth sector, while the healthcare industry gains access to more sophisticated financing options that don't dilute ownership. The transaction also signals continued maturation of the venture debt market, providing validation for alternative financing models beyond traditional equity rounds.