PRM to Acquire Medical Manufacturing Technologies for $685M

Key Takeaways PRM agreed to acquire MMT for about $685M 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 ...