wound-care

Wednesday, London-based buyout firm Apax Partners, along with affiliates of two big pension funds, Canada Pension Plan Investment Board and the Public Sector Pension Investment Board of Canada, reached a $6.3 billion deal, including debt, to acquire wound-care and hospital-bed provider Kinetic Concepts Inc., one of the largest leveraged buyouts since the financial crisis.

Private Equity Finds New Partners Gregory Zuckerman 2011

The announcement Wednesday follows recent speculation that the San Antonio, Texas-based wound-care and hospital-bed provider would be taken private.

Business Briefs 2011

Some new issues face stormy weather, including financing for a $5 billion acquisition of Kinetic Concepts Inc., a maker of wound-care products and hospital beds, which was announced July 13, just before the global markets' nose dive.

'Extraordinarily Challenging': Enough Said Randall Smith 2011

Background: Emergency-room physician Kinetic: Founded and led the wound-care and medical-device company for more than two decades beginning 1976.

Private Equity Finds New Partners Gregory Zuckerman 2011

Bristol-Myers Squibb Co. sold off its baby-formula and wound-care businesses to concentrate on prescription medicines.

Abbott to Split Into Two Companies Jonathan D. Rockoff 2011

The PPD takeover is the third-biggest leveraged buyout of the year, behind a $9 billion March restructuring-and-asset-sale involving shopping center giant Centro Properties Group, and the Apax Partners-led takeover of wound-care provider Kinetic Concepts Inc. in a deal valued at about $6.2 billion, excluding debt, announced in July.

Drug Researcher PPD to Go Private in $3.9 Billion Deal Peter Loftus 2011

A CareMore staffer asked a visiting wound-care nurse whether his home, where he lives alone, showed signs of neglect such as rotting food.

The Future of U.S. Health Care Anna Wilde Mathews 2011

Blackstone Group is in talks to buy Kinetic Concepts Inc., a wound-care and hospital bed provider, in a deal that could be worth about $5 billion, making it one of the largest leveraged buyouts since the financial crisis, according to a person close to the matter.

Blackstone in Talks to Buy Kinetic Gregory Zuckerman 2011

KKR & Co . brought in Japanese trading house Itochu to pitch in cash for its $7.2 billion acquisition of oil and gas explorer Samson Investment Co., while Apax Partners teamed up with two Canadian pension funds to buy wound-care products maker Kinetic Concepts for about $5 billion.

The 2012 Regulatory and Market Landscape 2012

Now, Kinetic, which makes wound-care and hospital-bed products, is likely to pay as much as 10.75% on its bonds and about 6% on its loans, according to people familiar with the matter.

Kinetic Deal Shows 'Junk' Energy Waning Prabha Natarajan 2011