PRM to Acquire Medical Manufacturing Technologies for $685M

Key Takeaways PRM agreed to acquire MMT for about 685Minanallcashdealexpectedtoclosebyearly2026.ThepurchaseaddsMMTsmachineryandconsumablesbusiness,whichissettoearn685M in an all-cash deal expected to close by early 2026.The purchase adds MMT's machinery and consumables business, which is set to earn 140M in revenues in 2025.PRM plans to fund the deal with debt and cash, expecting net leverage of roughly 2.7x after closing.Perimeter Solutions, Inc. (PRM) announced a definitive agreement to acquire Medical Manufacturing Technologies LLC (“MMT”) from Arcline Investment Management for roughly $685 million. PRM will buy ...