IFLR1000

TE Connectivity $895 million acquisition of Creganna Medical Group

2/2/2016
Acquisition finance, Private acquisition
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$ 895 million

Completed

2/2/2016

Overview:

  • TE Connectivity has acquired Creganna Medical Group for $895 million from Permira Funds.
  • Creganna is a medical device manufacturer based in Ireland. It was spun off from Tyco International in 2007.
  • TE Connectivity is a manufacturer of equipment used in harsh environments.
  • Morgan Stanley acted as financial adviser to TE Connectivity.
  • Piper Jaffray acted as financial adviser to Permira.

Sam Duke - Editor

Jurisdictions:

United States
Ireland
Luxembourg

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Industrials and manufacturing

Firms:
A&L Goodbody

Party: Permira Funds (Seller)

Lawyers: Jack Sheehy, Sheena Doggett

Arthur Cox

Party: TE Connectivity (Acquirer)

Lawyer: Stephen Ranalow

Davis Polk & Wardwell

Party: TE Connectivity (Acquirer)

Lawyer: William Aaronson

Dentons

Party: Royal Bank of Canada (Arranger)

Lawyer: Stéphane Hadet

Skadden Arps Slate Meagher & Flom

Party: Permira Funds (Seller)

Lawyers: Allison Schneirov, Jon Hlafter

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