M&A Deal Summary

Linden Capital Partners Acquires Formulated Solutions

On September 28, 2021, private equity firm Linden Capital Partners acquired packaging company Formulated Solutions from HealthEdge Investment Partners

Acquisition Highlights
  • This is Linden Capital Partners’ 2nd transaction in the Packaging sector.
  • This is Linden Capital Partners’ 43rd transaction in the United States.
  • This is Linden Capital Partners’ 2nd transaction in Florida.

M&A Deal Summary
Date 2021-09-28
Target Formulated Solutions
Sector Packaging
Buyer(s) Linden Capital Partners
Sellers(s) HealthEdge Investment Partners
Deal Type Secondary Buyout

Target

Formulated Solutions

Largo, Florida, United States
Formulated Solutions specializes in innovating, formulating, and packaging solutions for pharmaceutical, cosmetic, personal healthcare, and specialty chemical applications. Formulated Solutions was founded in 1999 and is based in Largo, Florida.

Search 201,292 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

Linden Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
PE ASSETS 3.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Linden LLC is a private equity firm that invests in businesses involved in the healthcare and life science sectors. However, the firm also executes any size private equity transaction between $10 million to $2 billion through the firm's alliance with Madison Dearborn Partners. Linden is not a venture capital investor. The firm specializes in investments in non-core businesses owned by large corporations, as well as traditional management buyouts of independent companies. Linden LLC was formed in 2004 and is based in Chicago, Illinois.

DEAL STATS #
Overall 43 of 48
Sector (Packaging) 2 of 2
Type (Secondary Buyout) 15 of 18
State (Florida) 2 of 2
Country (United States) 43 of 47
Year (2021) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-20 GCX

Petaluma, California, United States

GCX is a global designer and manufacturer of healthcare-focused mounting and mobility solutions with offices in North America, Europe, Japan, and Taiwan. GCX’s products are engineered for reliability and quality, and include wall mounts, roll stands, carts, and a variety of mounting accessories. It partners with medical device OEMs and hospitals to create products that enable caregivers to deliver the highest quality of patient care. GCX was founded in 1971 and is based in Petaluma, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 Smile Doctors

Dallas, Texas, United States

Smile Doctors is an orthodontics-focused dental service organization in the U.S. Smile Doctors services over 100 affiliated practices offering both traditional braces and clear aligners. Smile Doctors focuses exclusively on developing and growing affiliated orthodontic practices. Smile Doctors was founded in 2015 and is based in Dallas, Texas.

Sell -

Seller(S) 1

SELLER

HealthEdge Investment Partners

Tampa, Florida, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2005
Size Small
Type Sector Focused
DESCRIPTION

HealthEdge Investment Partners is an operating-oriented private equity firm that targets the healthcare industry. The firm pursues buyouts, recapitalizations or structured investments in healthcare companies with a strong market share. HealthEdge targets businesses with enterprise value ranging between $10 million and $100 million, and with revenues ranging between $5 million and $75 million. Moreover, the firm looks for companies with EBITDA near $15 million. The firm typically commits between $5 million to $20 million of capital per company. HealthEdge focuses on the healthcare segments that involve medical products, devices and equipment, healthcare services, healthcare IT, pharmaceutical, and distribution. HealthEdge Investment Partners was founded in 2005 and is based in Tampa, Florida.

DEAL STATS #
Overall 13 of 17
Sector (Packaging) 1 of 1
Type (Secondary Buyout) 3 of 3
State (Florida) 3 of 5
Country (United States) 13 of 17
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-13 Today s Dental Network

Florida, United States

Today's Dental Network is a premier multi-specialty concierge dental practice network and support organization focused on providing complete turnkey practice management outsourcing solutions to a captive network of best-in-class, entrepreneurial, dentist specialists & surgeons across Southwest. Today's Dental Network is based in Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-19 The Columbus Organization

Blue Bell, Pennsylvania, United States

The Columbus Organization is a provider of on-site professional staffing and consultative services, focusing exclusively on agencies that serve individuals with special needs. The Columbus Organization was founded in 1984 and is based in Blue Bell, Pennsylvania.

Sell -
Mergr

Product

Company

Legal