M&A Deal Summary

Avista Capital Partners Acquires Lantheus Medical Imaging

On December 17, 2007, private equity firm Avista Capital Partners acquired medical products company Lantheus Medical Imaging for 525M USD

Acquisition Highlights
  • This is Avista Capital Partners’ 2nd transaction in the Medical Products sector.
  • This is Avista Capital Partners’ 3rd largest (disclosed) transaction.
  • This is Avista Capital Partners’ 12th transaction in the United States.
  • This is Avista Capital Partners’ 1st transaction in Massachusetts.
Investment Fate
  • Lantheus Medical Imaging went public in 2015.
  • Lantheus Medical Imaging was divested to a strategic buyer in 2017 for 525M USD.

M&A Deal Summary
Date 2007-12-17
Target Lantheus Medical Imaging
Sector Medical Products
Buyer(s) Avista Capital Partners
Deal Type Divestiture
Deal Value 525M USD
Advisor(s) J.P. Morgan Securities (Financial)
Cravath, Swaine & Moore (Legal)

Target

Lantheus Medical Imaging

North Billerica, Massachusetts, United States
website
Lantheus Medical Imaging is a supplier of radiopharmaceuticals and contrast agents for nuclear and ultrasound-based cardiovascular diagnostic imaging procedures. Lantheus Medical Imaging was founded in 1956 and is based in North Billerica, Massachusetts.

Search 193,605 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Avista Capital Partners

New York, New York, United States

website

Category Private Equity Firm
Founded 2005
PE ASSETS 6.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Avista Capital Partners is a private investment firm formed by a group of professionals with roots from DLJ Merchant Banking Partners. Avista makes controlling and minority investments in US based energy, healthcare, and media companies with revenues greater than $25 million. Typical transactions include leverage buyouts, build-ups, and growth capital financings. Avista Capital was formed in 2005 and is based in New York City with an additional office in Houston, Texas.

DEAL STATS #
Overall 14 of 53
Sector (Medical Products) 2 of 8
Type (Divestiture) 2 of 8
State (Massachusetts) 1 of 3
Country (United States) 12 of 43
Year (2007) 4 of 4
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-11 IWCO Direct

Chanhassen, Minnesota, United States

IWCO Direct provides direct marketing solutions focused on customer acquisition, retention and engagement to financial services, media, and consumer products companies in the U.S. IWCO Direct was founded in 1969 and is based in Chanhassen, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-27 Unomedical AS

Birkerod, Denmark

Unomedical is a leading provider of single-use medical devices with global operations. Within Hospital Care, Unomedical is one of Europe’s leading companies and it has strong niche positions overseas. Within Infusion Devices, Unomedical is a global market leader within infusion sets used by diabetics on pump therapy.

Sell -
Mergr

Product

Company

Legal