Billion Dollar Healthcare and Energy Deals


June 17, 2012

Two deals this week look poised to be the biggest of the past seven days, one is in the trendy oil and gas sector and the other in the healthcare market. The Term Sheet reports that Apax Partners and JMI Equity are set to acquire Paradigm Ltd., which develops software solutions for oil and gas exploration and production.


The deal is valued at USD 1 billion. The other larger deal is EQT Partners buyout of BSN Medical, a German bandage maker, from fellow PE firm, Montagu Private Equity, for EUR 1.8 billion. EQT offered more than strategic buyer Kimberly Clark, Wendel Investments and a joint bid from BC Partners and CVC Capital Partners.

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