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New Deal


Announced

Bain Capital to acquire Evident from Olympus for $3.1bn.

Financials

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Transaction Value£2,638m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.6x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Japan

Cross Border

Medical Equipment

scientific solutions

life sciences

Pending

Private

Private Equity

Friendly

Majority

Single Bidder

microscopes

Synopsis

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Bain Capital, an American private investment firm based in Boston, agreed to acquire Evident, the microscope unit of Olympus, a Japanese manufacturer of optics and reprography products, for $3.1bn. The sale is a part of Olympus Chief Executive Officer Yasuo Takeuchi’s plan to pivot the company in the direction of health-care, with the goal of becoming the world’s leading maker of endoscopes.

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