Patterson Companies Inc (St Paul, MN) signed a definitive agreement to sell Patterson Medical (Warrenville, IL) to Madison Dearborn Partners (Chicago, IL) for approximately $715 million in cash. The sale is expected to close in Q2 of FY 2015 following the satisfaction of regulatory requirements and other customary closing conditions. Upon completion of the sale, Patterson Medical will operate as Patterson Medical for a transition period before rebranding to reflect its new owner.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.