Simpson Thacher is representing New Mountain Capital in connection with the announced acquisition of Flexan by ILC Dover, a New Mountain Capital portfolio company. The transaction is expected to close by August 2021 subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
Flexan is a leading medical device contract design and manufacturing organization that specializes in silicone, thermoplastic and specialty rubber components and devices.
The Simpson Thacher team includes Elizabeth Cooper, Johanna Mayer and Ben Kloss (M&A); Greg Grogan, Caitlin Fitzgerald and Guanxiong Xu (Executive Compensation and Benefits); Andrew Purcell and Dmitry Zelik (Tax); Genevieve Dorment, Bobbie Burrows and Hilary Wong (Intellectual Property); Krista McManus and Dennis Loiacono (Real Estate); Noreen Lavan and Timothy Mulvihill (Environmental); Vanessa Burrows (Healthcare Regulatory); Christopher Brown, Benjamin Persina and Mark Haddox (Credit); and Peter Guryan and Max Fischer-Zernin (Antitrust).