Madison Dearborn Partners to Purchase Sage Products
CARY, ILL. – Nov. 6, 2012 – Madison Dearborn Partners of Chicago is pleased to announce that it has signed a definitive agreement to acquire Sage Products, Inc., a leading healthcare products manufacturer with more than 700 associates and a portfolio that includes innovative infection prevention and patient safety products for the entire healthcare continuum.
Madison Dearborn Partners looks forward to completing the investment and working with Sage’s current management team to capitalize on what they believe are numerous and attractive growth opportunities for the company worldwide. The transaction is expected to close by year end.
About Sage Products Inc.
Since 1971, Sage Products has developed innovative healthcare products trusted by healthcare facilities worldwide. Sage has a core belief in prevention — that simple, evidence-based interventions will yield extraordinary outcomes. The company’s goal is to help improve patient safety and outcomes by preventing skin breakdown, healthcare-associated pneumonias, surgical site infections and other adverse events. Industry-leading brands include Q-Care® oral care, Sage® 2% Chlorhexidine Gluconate Cloths for patient preoperative skin preparation, Comfort Bath® prepackaged bathing, Comfort Shield® all-in-one incontinence care, Prevalon® pressure-relieving heel protection, and the Prevalon® Turn and Position System. More information is available at http://www.sageproducts.com.
About Madison Dearborn Partners
Madison Dearborn Partners, based in Chicago, is one of the most experienced and successful private equity investment firms in the United States. Since Madison Dearborn’s formation in 1992, the firm has raised six funds with aggregate capital of over $18 billion and has completed approximately 120 investments. Madison Dearborn invests in businesses across a broad spectrum of industries, including basic industries; business and government services; consumer; financial services; healthcare; and telecom, media and technology services. Its noteworthy investments include CDW, Fieldglass, MetroPCS, Nuveen Investments, Sirona Dental, Team Health, TransUnion, VWR International, and Yankee Candle. For more information, please visit www.mdcp.com.
For more information, please contact:
Madison Dearborn Partners
The Abernathy MacGregor Group