New Mountain nears $5B deal for VWR, backs Legends
May 05, 2017
New York, NY | PE/Buyout
New Mountain Capital has entered advanced talks to acquire laboratory-supply provider VWR (NASDAQ: VWR) in a deal that could be worth $5 billion, per The Wall Street Journal. Madison Dearborn Partners previously took VWR public in 2014. In a separate transaction, New Mountain has also invested in Legends Hospitality, a provider of merchandise, ticket sales and other hospitality services for the sports and entertainment sectors; Legends is co-owned by Dallas Cowboys owner Jerry Jones and New York Yankees owner Hal Steinbrenner.