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Warburg, Pincus buys Wright Medical
28 Oct 1999
Executive Summary
An investor firm led by Warburg, Pincus has acquired privately held orthopedics company Wright Medical through an equity investment that gives it a majority stake. Other minority investors are the California Public Employees' Retirement System and Prince's Gate Investors LP (a Morgan Stanley partnership). Wright will retain its current management staff and continue operations.
Deal Industry
- Biotechnology
-
Medical Devices
- Biomaterials
- Implantable Devices
- Rehabilitation Equipment and Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Buy-out
- Full Acquisition
- Includes Contract
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