Industry: Healthcare / Products & Devices
Transaction: Sale to Financial Buyer


Medegen Holdings, LLC ("Medegen"), a manufacturer of plastic disposable healthcare products, provides branded and OEM specialty infusion therapy disposables as well as cost-effective outsourcing strategies to medical device and pharmaceutical OEM's. Medegen retained GMB to seek a financial partner to support its growth and the acquisition of Premium Plastics, Inc. Medegen was attracted to Premium Plastics to broaden its customer base, provide new products for existing customers and create opportunities for more efficient distribution in challenging product areas.

GMB conducted a competitive process to identify interested sources of private equity. GMB successfully negotiated the recapitalization with Nautic Partners, LLC, a $1.8 billion private equity fund specializing in the healthcare, business services, manufacturing, media and communications industries. Nautic, which acquired a majority interest in Medegen, was attracted to the company's historical track record of revenue and earnings growth in competitive markets and its strategic focus to deliver value to its customers.

GMB also assisted the company in the consideration of various acquisition opportunities, placed senior debt with Bank of America and Comerica, and managed the negotiation of a management incentive plan.

Go Back