Kirkland Steers PE Firm's Buy Of Medical Co. Worth $321M

Law360 (October 22, 2020, 5:58 PM EDT) -- Kirkland-guided private equity investor Oakley Capital unveiled plans to buy German pharmaceutical business WindStar Medical from a German broadcasting company's General Atlantic-backed subsidiary in a deal that values the medical device and over-the-counter drug maker at €280 million euros ($320.9 million) including debt.

London-headquartered Oakley Capital said it was purchasing WindStar Medical Holding from NuCom Group, a subsidiary of broadcaster ProSiebenSat.1 Media SE after announcing the purchase of a German online fitness and nutrition platform earlier this month, according to news releases.

Oakley Capital managing partner Peter Dubens, said in a statement that the firm — which he launched in 2002...

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