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Announced

Completed

Clearlake-backed TEAM Technologies completed the acquisition of ViruDefense.

Financials

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

Tags

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Acquisition

Majority

Medical Supplies

Friendly

Private

Completed

Domestic

United States

Single Bidder

respirator masks supplier

Private Equity

Synopsis

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Clearlake-backed TEAM Technologies, a North American healthcare specialty manufacturer, completed the acquisition of ViruDefense, a supplier of fully domestically produced N95 respirator masks. Financial terms were not disclosed. “TEAM has built a strong platform in infection prevention and control end markets, and we are thrilled to build upon that position by combining with our partners at ViruDefense. Having partnered with Pieter at the original product launch, we believe this acquisition is an exciting next chapter in our relationship and furthers both of our collective missions to deliver the highest quality healthcare products in the market," Marshall White, TEAM President and CEO.

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