Bain Capital Strikes Medtronic Asset Deal
Bain Capital, Boston-based private equity firm, will acquire Medtronic Inc.’s Physio-Control, a provider of emergency medical response technology. The deal is worth $487 million. Non-equity financing for the transaction is being provided by Citigroup Global Markets Inc. and RBC Capital Markets. Goldman Sachs is acting as financial advisor, and Skadden, Arps, Slate, Meagher & Flom LLP as legal advisor to Medtronic. Citigroup Global Markets Inc. and RBC Capital Markets are acting as financial advisors and Kirkland & Ellis as legal advisor to Bain Capital.
18 November 2011•5 mins read
