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New Deal


Announced

Completed

EQT Partners completed the acquisition of Zeus Company.

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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medical devices

Cross Border

Medical Equipment

United States

Acquisition

Majority

Private

Private Equity

Friendly

Single Bidder

Completed

Synopsis

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EQT Partners, a Swedish global investment organization, completed the acquisition of Zeus Company, a pioneer in the design, development, and extrusion of fluoropolymer tubing for medical devices and select industrial applications. Financial terms were not disclosed. "EQT has tracked the medical device component industry closely for several years, and we believe Zeus is uniquely positioned within the end markets it serves due to its unmatched material science and process expertise. We are excited to partner with the Company and invest in its next phase of growth, its employees, and the communities it serves, while maintaining Frank Tourville Sr.’s values and commitment to excellence, which are shared by EQT," Ethan Waxman, EQT Partner.

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