M&A Deal Summary

Warburg Pincus Acquires Lifecore Biomedical

On January 15, 2008, private equity firm Warburg Pincus acquired life science company Lifecore Biomedical

Acquisition Highlights
  • This is Warburg Pincus’ 11th transaction in the Life Science sector.
  • This is Warburg Pincus’ 75th transaction in the United States.
  • This is Warburg Pincus’ 3rd transaction in Minnesota.
Investment Fate
  • Lifecore Biomedical was sold to a publicly-traded strategic buyer in 2010 for 40M USD.

M&A Deal Summary

Date 2008-01-15
Target Lifecore Biomedical
Sector Life Science
Buyer(s) Warburg Pincus
Deal Type Going Private

Target

Lifecore Biomedical

Chaska, Minnesota, United States
Lifecore Biomedical LLC is dedicated to the development of therapeutic, technically advanced, products that offer long-term compatibility with the human body.

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Buyer(S) 1

Buyer

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1966
PE ASSETS 83.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.


DEAL STATS #
Overall 129 of 492
Sector: Life Science M&A 11 of 27
Type: Going Private M&A Deals 4 of 12
State: Minnesota M&A 3 of 3
Country: United States M&A 75 of 241
Year: 2008 M&A 3 of 15
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