New York, NY. Nixon Peabody LLP represented Perimeter Solutions, Inc. (NYSE: PRM) in its definitive agreement to acquire Medical Manufacturing Technologies LLC (MMT) for approximately $685 million from Arcline Investment Management.
Perimeter Solutions is a leading global solutions provider serving both the fire safety and specialty products industries. MMT provides highly engineered machinery and associated aftermarket consumables, parts, and services for the manufacturing of minimally invasive medical devices.
The Nixon Peabody deal team was led by partner Kevin Grant, co-leader of the firm’s M&A & Corporate Transactions team, and included partner Daniel Belostock and associates Patrick Toolan, Clara Robertson, and Matthew Morris.
The parties expect the acquisition to close in the first quarter of 2026, subject to regulatory approvals and customary closing conditions.
See Perimeter Solutions’ press release to learn more about this transaction.
