Madison Dearborn Partners has signed an agreement to acquire Sage Products, a manufacturer of healthcare products. The transaction is expected to close by year end.
Sage Products is a manufacturer of healthcare products used for infection prevention and patient safety. The company’s brands include Q-Care, Sage, Comfort Bath, Comfort Shield and Prevalon. Sage operates a 558,000 square-foot facility in Cary, IL and has more than 700 employees. The company was founded in 1971 (www.sageproducts.com).
Madison Dearborn Partners has more than $18 billion of capital under management and makes new investments through its most recent funds, Madison Dearborn Capital Partners V and Madison Dearborn Capital Partners VI. The firm invests in businesses across a spectrum of industries including basic industries; business and government services; consumer; financial services; health care; and telecom, media and technology services. Madison Dearborn Partners was founded in 1992 and is based in Chicago (www.mdcp.com).
© 2012 PEPD • Private Equity’s Leading News Magazine • 11-7-12