Buyout (LBO, MBO, MBI) • Medical Products

Paine Schwartz Partners Acquires Maxxim Medical

On June 1, 1999, private equity firm Paine Schwartz Partners acquired medical products company Maxxim Medical for 570M USD

Acquisition Context
  • This is Paine Schwartz Partners’ 1st transaction in the Medical Products sector.
  • This is Paine Schwartz Partners’ 3rd largest (disclosed) transaction.
  • This is Paine Schwartz Partners’ 3rd transaction in the United States.
  • This is Paine Schwartz Partners’ 1st transaction in Florida.
Investment Fate
  • Maxxim Medical went bankrupt in 2003.

Explore All 542 Buyout (LBO, MBO, MBI) Medical Products Deals - Search the Database Free


M&A Deal Summary

Date June 1, 1999
Target Maxxim Medical
Sector Medical Products
Buyer(s) Paine Schwartz Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 570M USD

Target Company

Maxxim Medical

Clearwater, Florida, United States
Maxxim Medical, Inc. is a developer, manufacturer and marketer of specialty medical products for hospitals.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Paine Schwartz Partners

San Mateo, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 6.5B USD
Size Mega
Type Sector Focused
DESCRIPTION

Paine Schwartz Partners is a private equity firm specializing in sustainable food chain investing. The Firm targets control investments in the food and agriculture sectors and will consider opportunities globally. Paine Schwartz Partners was formerly known as Paine & Partners - and before that was part of Fox Paine & Co. Paine Schwartz Partners has offices in San Mateo, California and New York City.


Deal Context for Buyer #
Overall 3 of 46
Sector: Medical Products 1 of 2
Type: Buyout (LBO, MBO, MBI) 2 of 16
State: Florida 1 of 3
Country: United States 3 of 29
Year: 1999 3 of 5
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-01 Alaska Communications

Anchorage, Alaska, United States

Alaska Communications is a fiber broadband and managed information technology services provider, focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers throughout the state. ACS' facilities-based communications network extends throughout Alaska and connects to the contiguous states via two diverse undersea fiber optic cable systems and usage rights on a third undersea system. ACS' network is among the most expansive in Alaska and forms the foundation of service to customers. Alaska Communications was formed in 1998 and is based in Anchorage, Alaska.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-27 WJ Communications

San Jose, California, United States

WJ Communications, Inc. is a provider of radio frequency (RF) solutions serving multiple markets targeting wireless communications, RF identification (RFID), WiMAX, and RF power solutions. WJ addresses the RF challenges in these multiple markets with its highly reliable amplifiers, mixers, RF integrated circuits (RFICs), RFID reader modules, chipsets, and multi-chip (MCM) modules.

Buy $270M