M&A Deal Summary

Warburg Pincus Acquires American Medical Systems

On July 22, 1998, private equity firm Warburg Pincus acquired medical products company American Medical Systems from Pfizer for 130M USD

Acquisition Highlights
  • This is Warburg Pincus’ 1st transaction in the Medical Products sector.
  • This is Warburg Pincus’ 40th largest (disclosed) transaction.
  • This is Warburg Pincus’ 13th transaction in the United States.
  • This is Warburg Pincus’ 1st transaction in Minnesota.
Investment Fate
  • American Medical Systems was sold to a publicly-traded strategic buyer in 2011 for 2.9B USD.
  • American Medical Systems was divested to a consortium of strategic buyers in 2015 for 1.6B USD.

M&A Deal Summary

Date 1998-07-22
Target American Medical Systems
Sector Medical Products
Buyer(s) Warburg Pincus
Sellers(s) Pfizer
Deal Type Divestiture
Deal Value 130M USD

Target

American Medical Systems

Minnetonka, Minnesota, United States
website
American Medical Systems, Inc. is a manufacturer and marketer of medical devices for the surgical treatment of urological and gynecological disorders.

Search 193,381 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

Warburg Pincus

New York, New York, United States

Investor Investor Investor Investor Investor

website


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 24 of 475
Sector (Medical Products) 1 of 21
Type (Divestiture) 2 of 18
State (Minnesota) 1 of 3
Country (United States) 13 of 234
Year (1998) 4 of 5
Size (of disclosed) 40 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-01 John Charcol

London, United Kingdom

John Charcol is an independent mortgage broker, advising its clients on residential and commercial property. John Charcol was established in 1974 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-12-01 Moser Baer India Pvt.

New Delhi City, India

Moser Baer manufactures and markets optical storage media including recordable compact discs (CD-Rs) and rewritable compact discs (CD-RWs).

Buy -

Seller(S) 1

SELLER

Pfizer

New York, New York, United States

website


Category Company
Founded 1849
Sector Life Science
Employees8,300
Revenue 58.5B USD (2023)
DESCRIPTION
Pfizer office in Lake Forest, Illinois.
Pfizer office in Lake Forest, Illinois.

Pfizer is a global pharmaceutical company that is involved in the discovery, development, manufacture, and marketing of a wide range of healthcare products, including medicines and vaccines. The company's portfolio includes treatments across a broad spectrum of areas such as oncology, cardiology, neurology, and infectious diseases, among others. Pfizer was founded in 1849 and is based in New York, New York.


DEAL STATS #
Overall 1 of 18
Sector (Medical Products) 1 of 2
Type (Divestiture) 1 of 15
State (Minnesota) 1 of 1
Country (United States) 1 of 13
Year (1998) 1 of 1
Size (of disclosed) 7 of 9
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-08 Warner-Lambert Company

Morris Plains, New Jersey, United States

Warner–Lambert an American pharmaceutical company. The Company was formed in 1920 and was based in Morris Plains, New Jersey.

Buy $90.2B