M&A Deal Summary |
|
|---|---|
| Date | 2003-09-15 |
| Target | AbilityOne |
| Sector | Distribution |
| Buyer(s) | Patterson Companies |
| Sellers(s) |
Water Street Healthcare Partners
BPOC Linden Capital Partners One Equity Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 575M USD |
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| Category | Company |
|---|---|
| Founded | 1877 |
| Sector | Distribution |
| Employees | 7,800 |
| Revenue | 6.6B USD (2024) |
Patterson Companies is a specialty distributor serving the dental, veterinary, and rehabilitation supply markets. Patterson's largest business unit is Patterson Dental. The company supplies to dentists, dental laboratories, institutions, and other healthcare professionals. It provides consumable products (including x-ray film, restorative materials, hand instruments, and sterilization products); basic and advanced technology dental equipment; practice management and clinical software; patient education systems; and office forms and stationery. Patterson Companies was founded in 1877 and is based in St. Paul, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 24 |
| Sector (Distribution) | 1 of 8 |
| Type (Add-on Acquisition) | 2 of 15 |
| State (Illinois) | 1 of 2 |
| Country (United States) | 2 of 18 |
| Year (2003) | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-04-02 |
Thompson Dental
Columbia, South Carolina, United States Thompson provides a wide range of consumable dental supplies, equipment and services. The company also offers proprietary practice management and clinical software, dental.com. |
Buy | $22M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-04-19 |
Medco Supply Company
Tonawanda, New York, United States Medco Supply Company, Inc. is a national distributor of sports medicine, first aid and medical supplies. Medco sells approximately 10,000 products through direct mail catalogs as well as through a sales force. Medco Supply Company was formed in 1955 and is based in Tonawanda, New York. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 6.0B USD |
| Size | Mega |
| Type | Sector Focused |
Water Street is a specialist private equity firm that targets investments in healthcare companies. Specific areas of interest within healthcare include diagnostic devices, medical products, pharmaceutical services, specialty distribution, specialty pharmaceuticals, and specialty services. Water Street targets non-core units of larger corporations and private middle-market companies. Transactions are typically valued between $50 and $500 million. Water Street does not invest in biotechnology, traditional healthcare facilities (hospitals, nursing homes) or early-stage companies without positive cash flow. Water Street was formed in 2005 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 31 |
| Sector (Distribution) | 1 of 2 |
| Type (Add-on Acquisition) | 3 of 19 |
| State (Illinois) | 1 of 1 |
| Country (United States) | 3 of 30 |
| Year (2003) | 1 of 1 |
| Size (of disclosed) | 4 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-02-08 |
LifeStream International
The Woodlands, Texas, United States LifeStream International, Inc. is a developer, manufacturer and sold a broad range of products used during cardiopulmonary bypass procedures. Its product lines included items such as oxygenators, perfusion circuits and pumps that worked together to keep blood flowing and oxygenated when the heart was stopped during open-heart surgery. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-21 |
Medex
Hilliard, Ohio, United States Medex, Inc. is a provider of system solutions for critical care medical products. |
Sell | $925M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 1.8B USD |
| Size | Large |
| Type | Sector Agnostic |
Beecken Petty O'Keefe & Company (BPOC) is a specialist private equity firm that targets investments in middle-market healthcare companies. Specific areas of interest within healthcare include, specialty distribution; provider and payor outsourcing; pharmacy, infusion, and home healthcare; outpatient an alternate site services; and medical products manufacturing with a focus on capital equipment. The Firm focuses on recapitalizations, buyouts, and growth capital investments. BPOC was formed in 1996 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 37 |
| Sector (Distribution) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 18 |
| State (Illinois) | 2 of 6 |
| Country (United States) | 4 of 36 |
| Year (2003) | 1 of 1 |
| Size (of disclosed) | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-06-01 |
Digineer
Plymouth, Minnesota, United States Digineer, Inc. is a provider of technology and management consulting services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-02-04 |
The Hygenic
Akron, Ohio, United States Hygenic is a manufacturer of natural rubber, latex and synthetic rubber products primarily serving the medical and therapy/fitness industries as well as some other industrial applications. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Focused |
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 | 3 of 27 |
| Sector (Distribution) | 1 of 2 |
| Type (Add-on Acquisition) | 3 of 12 |
| State (Illinois) | 1 of 7 |
| Country (United States) | 3 of 27 |
| Year (2003) | 1 of 1 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-02-08 |
LifeStream International
The Woodlands, Texas, United States LifeStream International, Inc. is a developer, manufacturer and sold a broad range of products used during cardiopulmonary bypass procedures. Its product lines included items such as oxygenators, perfusion circuits and pumps that worked together to keep blood flowing and oxygenated when the heart was stopped during open-heart surgery. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-12-27 |
Sovereign Specialty Chemicals
Chicago, Illinois, United States Sovereign Specialty Chemicals Corporation was a consolidation of several brands of specialty chemicals. Sovereign was formed to build, through acquisition and internal growth, a worldwide provider of specialty chemical companies. |
Sell | $575M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 10.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
One Equity Partners (OEP) is a private equity firm that targets buyout and growth capital investments in North America, Europe, and Asia. OEP prefers to be the lead investor and typically commits $30 to $150 million per transaction. Sectors of interest include industrial products/services, consumer, retail, chemicals, media, communications, and healthcare. One Equity Partners was formed in 2001 and spun out of JP Morgan Chase in 2015. One Equity Partners is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 63 |
| Sector (Distribution) | 1 of 4 |
| Type (Add-on Acquisition) | 1 of 36 |
| State (Illinois) | 1 of 3 |
| Country (United States) | 1 of 42 |
| Year (2003) | 1 of 1 |
| Size (of disclosed) | 16 of 20 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-04-11 |
IQVIA
Durham, North Carolina, United States IQVIA is a provider of advanced analytics, technology solutions, and contract research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. IQVIA was founded in 2016 and is based in Durham, North Carolina. |
Buy | $1.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-03-04 |
Progress Rail
Albertville, Alabama, United States Progress Rail is a provider of rail and transit products and services throughout North America. |
Buy | $405M |
