TITLE

Kinetic Concepts Agrees to Go Private

AUTHOR(S)
CODY, TAMIKA
PUB. DATE
July 2011
SOURCE
Mergers & Acquisitions Report;7/18/2011, Vol. 24 Issue 29, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports on the acquisition of Kinetic Concepts by a group of investors that include Apax, the Canada Pension Plan Investment Board (CPPIB) and PSP Investments in 2011. The group purchased the medical technology business for 6.3 billion U.S. dollars. The investors secured debt financing with Morgan Stanley, Bank of America and Credit Suisse AG for the transaction.
ACCESSION #
66187240

 

Related Articles

  • Leading Independent Proxy Advisory Firm ISS Recommends KCI Shareholders Vote 'FOR' Proposed Merger with Consortium Led by Apax Partners.  // Biomedical Market Newsletter;10/17/2011, Vol. 21, p863 

    The article reports that the Institutional Shareholder Services Inc. (ISS) is urging that Kinetic Concepts Inc. (KCI) shareholders should vote for KCI's merger with a consortium comprised of investment funds advised by Apax Partners LLP along with controlled affiliates of Canada Pension Plan...

  • ACQUISITION FINANCE UPDATE.  // Lawyer;2/19/2007, Vol. 21 Issue 7, p19 

    The article provides acquisition finance updates of companies in Great Britain. The firm Linklaters bagged a lead role in the £470 million acquisition of the football club Liverpool FC. Meanwhile, Allen & Overy advised HSBC, SE-Banken and Morgan Stanley on the debt finance for Morgan Stanley...

  • Private consortium set to pay $6.3 billion for Kinetic Concepts. PEDERSEN, AMANDA // Medical Device Daily;7/14/2011, Vol. 15 Issue 130, p1 

    The article reports on the offer of a group of private equity investors to purchase Kinetic Concepts (KCI) for 68.50 U.S. dollars a share in a cash deal amounting to 6.3 billion U.S. dollars, including the outstanding debt of the company. KCI reportedly went public in early 2004 through an...

  • Wound care firm KCI agrees to be bought for $6.3 billion. O'Connor, John // McKnight's Long-Term Care News;Aug2011, Vol. 32 Issue 8, p29 

    The article reports that Kinetic Concepts Inc. (KCI) has agreed to be acquired by a consortium assembled by Apax Partners LLP for about 6.3 billion dollars.

  • Equity Firms To Buy Hub For $1.8 Billion. Ruquet, Mark E. // National Underwriter / P&C;3/5/2007, Vol. 111 Issue 9, p10 

    The article reports that Hub International Ltd. insurance brokerage has announced that it has accorded to be bought by private equity capitalists for $1.8 billion in the U.S. According to the author, the deal consists an agreement to be acquired by Apax Partners & Co. and Morgan Stanley...

  • $6 Billion Blockbuster Deal to Take Kinetic Concepts Private.  // Medical Product Outsourcing;Jul2011, Vol. 9 Issue 6, p12 

    The article focuses on the six billion dollars buyout deal of two Canadian pension funds and private equity firm Apax Capital to acquire Kinetic Concepts Inc. (KCI), a medical device company based in San Antonio, Texas. It states that the deal is the largest healthcare acquisition of Apax in...

  • Hub's a Seller But Says Its Buying Will Continue. Garmhausen, Steve // American Banker;3/5/2007, Vol. 172 Issue 43, p8 

    The article reports that Hub International Ltd., which has purchased several insurance lines from Capital One Financial Corp., is being sold to the private-equity firm Apax Partners and Morgan Stanley Principal Investments. The author focuses on how many large banking companies, like Capital...

  • Kinetic Concepts Inc. Shareholders Approve Merger Agreement.  // Biomedical Market Newsletter;10/31/2011, Vol. 21, p224 

    The article reports on the approval of Kinetic Concepts Inc.'s (KCI) shareholders of the proposed merger with an affiliate advised by Apax Partners LP and controlled affiliates of Canada Pension Plan Investment Board and the Public Sector Pension Investment Board in the U.S. in 2011. It says...

  • 3Q Asset Management M&A Up.  // American Banker;10/9/2009, Vol. 174 Issue F309, p5 

    The article reports that during the third quarter in 2009, the value of mergers and acquisitions in the global asset management market rose as banks got rid of fund units. The quarter's largest deal was Bank of America Corp.'s sale of the majority of Columbia Management to Ameriprise Financial...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics