FLASH: Apax closes $6.3B KCI buyout

November 4, 2011 by MassDevice staff

Apax Partners closes its $6.1 billion leveraged buyout of Kinetic Concepts Inc., taking the wound care giant private for $68.50 per share.

KCI
Apax Partners

Get 'em while they're hot: Apax Partners and a pair of Canadian pension funds closed their $6.1 billion leveraged buyout of Kinetic Concepts Inc. (NYSE:KCI) today.

That means KCI shares will cease trading publicly before the markets open next Monday, Nov. 7.

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