Chicago-based private equity company Linden Capital Partners has signed a take-over agreement with Young Innovations in the amount of $39.50 per share. This equates to a price premium 12.5% higher than the prevailing average price for the preceding month. Young Innovation’s management welcomed the offer and advised the shareholders to accept it. Young Innovations develops, produces and puts on the market equipment for dentists, dental assistants and consumers.
Linden Capital Partners is a private equity company engaging in healthcare and life style segments. Currently, the company’s portfolio includes the medical technology companies MedSystems, Strata and Hycor, biotech company SeraCare as well as Behavioral Centers of America which specializes in treating mental illness.
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