Add-on Acquisition • Medical Products

Sodexo Acquires Patriot Medical Technologies

On September 3, 2002, Sodexo acquired medical products company Patriot Medical Technologies from American Capital

Acquisition Context
  • This is Sodexo’s 1st transaction in the Medical Products sector.
  • This is Sodexo’s 1st transaction in the United States.
  • This is Sodexo’s 1st transaction in Tennessee.

Explore All 2731 Add-on Acquisition Medical Products Deals - Search the Database Free


M&A Deal Summary

Date September 3, 2002
Target Patriot Medical Technologies
Sector Medical Products
Buyer(s) Sodexo
Sellers(s) American Capital
Deal Type Add-on Acquisition

Target Company

Patriot Medical Technologies

Franklin, Tennessee, United States
Patriot provides asset management and testing and repair services for diagnostic and other medical equipment.
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

Sodexo

Issy-les-Moulineaux, France

Category Company
Founded 1966
Sector Internet Software and Services
Employees317,177
Revenue 23.8B EUR (2024)
DESCRIPTION

Sodexo engages in the design, management, and delivery of service solutions through on-site service solutions and motivation solutions. Sodexo was founded in 1966 and is based in Issy-les-Moulineaux, France.


Deal Context for Buyer #
Overall 3 of 21
Sector: Medical Products 1 of 1
Type: Add-on Acquisition 3 of 19
State: Tennessee 1 of 1
Country: United States 1 of 10
Year: 2002 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1995-12-01 Partena AB

Hagersten, Sweden

Partena AB provider of contracted catering, cleaning, care and security services in Sweden and Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-27 Sodexho PASS USA

Newton, Massachusetts, United States

Sodexho PASS USA is a provider of commuter benefits administration.

Sell -

Seller Profile 1

SELLER

American Capital


Category Private Equity Firm
Founded 1997
PE ASSETS 22.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

American Capital was a publicly traded buyout and mezzanine investment firm. American Capital invested in buyouts, growth capital financings, acquistion financings, and recapitalizations. The Firm looked to finance businesses with at least $4 million in EBITDA and valued between $20 and $500 million. American Capital ws a generalist firm with broad interest in traditional industries such as manufacturing, distribution, and services. American Capital's European investment affiliate is European Capital. European Capital looked to invest $10 to $600 million of equity, mezzanine, and/or senior debt in similar opportunities across Europe. American Capital was formed in 1997 and in January 2017, merged with Ares Capital Management.


Deal Context for Seller #
Overall 4 of 194
Sector: Medical Products 1 of 5
Type: Add-on Acquisition 2 of 87
State: Tennessee 1 of 3
Country: United States 4 of 186
Year: 2002 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-01 Jaagir

Dallas, Texas, United States

Business and information technology consulting, specializing in consulting, customer relationship management, business intelligence, mobility, and software development and integration. Finance: Holding company.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-16 Bridgeport Machines

Bridgeport, Connecticut, United States

Manufacturer of CNC machine tools.

Buy -