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New Deal


Announced

Completed

Partners Group completed the acquisition of Careismatic Brands from New Mountain Capital for $1.3bn.

Financials

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Transaction Value£954m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private Equity

Single Bidder

Private

Completed

Clothing and Accessories

Majority

Friendly

retailing apparels

medical apparels

footwear

Acquisition

Cross Border

Synopsis

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Partners Group, a private equity firm, completed the acquisition of Careismatic Brands, a medical apparel manufacturer and distributor, from New Mountain Capital, a private equity firm, for $1.3bn. “Since partnering with New Mountain four years ago, I have been consistently impressed by their collaborative approach to business building. We have enjoyed working with the New Mountain team and thank them for helping us to significantly expand and solidify our leading industry position. We look forward to building upon this momentum with Partners Group," Mike Singer, Careismatic Brands CEO.

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