M&A Deal Summary

Investor AB Acquires Laborie Medical Technologies

On August 19, 2016, private equity firm Investor AB acquired medical products company Laborie Medical Technologies from Audax Private Equity

Acquisition Highlights
  • This is Investor AB’s 4th transaction in the Medical Products sector.
  • This is Investor AB’s 1st transaction in Canada.
  • This is Investor AB’s 1st transaction in Ontario.

M&A Deal Summary

Date 2016-08-19
Target Laborie Medical Technologies
Sector Medical Products
Buyer(s) Investor AB
Sellers(s) Audax Private Equity
Deal Type Secondary Buyout
Advisor(s) Jefferies LLC
Harris Williams & Co. (Financial)
Kirkland & Ellis LLP (Legal)

Target

Laborie Medical Technologies

Mississauga, Ontario, Canada
website
Laborie Medical Technologies, Inc. is a manufacturer and supplier of pelvic health and gastrointestinal medical equipment and consumables. Since its founding in 1967, Laborie has been committed to delivering innovative, complete solutions that provide better diagnostics and treatment outcomes to patients worldwide.

Search 173,065 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

Investor AB

Stockholm, Sweden

Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1916
SizeMiddle-Market
Type Sector Agnostic
DESCRIPTION

Investor AB is a Northern European industrial holding company. Investor generates long-term returns by investing in companies with solid potential for value creation. Investor will consider opportunities in the US, Northern Europe and Asia. Investor AB is based Stockholm.


DEAL STATS #
Overall 19 of 19
Sector (Medical Products) 4 of 4
Type (Secondary Buyout) 3 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-23 The Braun

Winamac, Indiana, United States

The Braun Corp. (BraunAbility) is a manufacturer of wheelchair accessible vehicles and wheelchair lifts for both personal use and commercial applications.

Buy -

Seller(S) 1

SELLER

Audax Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 6.0B USD
SizeMega
Type Sector Agnostic
DESCRIPTION

Audax Private Equity is a private equity firm that targets to invest in small-cap and lower-middle market companies. The Firm seeks to invest $10 - $100 million in companies with revenues of at least $50 million and EBITDA of $10 million. Audax targets companies valued at between $100 and $500 million. Areas of interest include building products, business services, distribution/direct marketing, energy, niche manufacturing/specialty industrials, technology/media, consumer products, environmental services, education, food/beverages, waste/recycling, water, and wastewater services. Types of transactions include buyouts, divestitures, sponsor exit, family/entrepreneur, distressed and public company. Audax Private Equity is the private equity arm of Audax Group, Inc. Audax Private Equity was formed in 1999 and has offices in San Francisco and Boston.


DEAL STATS #
Overall 49 of 90
Sector (Medical Products) 3 of 6
Type (Secondary Buyout) 23 of 51
State (Ontario) 2 of 3
Country (Canada) 2 of 4
Year (2016) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 United Urology Group

Owings Mills, Maryland, United States

United Urology Group is a urology physician practice management company with clinical offices and ambulatory surgical centers that provide general urologic care in addition to ancillary service lines including surgical centers, pharmacy, radiation therapy, and a pathology lab. United Urology Group was founded in 2006 and is based in Owings Mills, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 Cadence Education

Scottsdale, Arizona, United States

Cadence Education is a premier early childhood educator in the United States, operating more than 225 private preschools across the country. With more than 27 years in business, Cadence has developed unparalleled expertise in preparing students to thrive in the next step of their childhood. It provides parents with peace of mind by giving children an exceptional education every fun-filled day in a place as nurturing as home. Cadence Education was formed in 1969 and is based in Scottsdale, Arizona.

Sell -