Matheson advised Montagu and Kohlberg, two leading middle-market private equity firms, on the Irish elements of a definitive agreement to acquire Teleflex Medical OEM from Teleflex Incorporated (NYSE: TFX) for $1.5 billion in a carve-out transaction. Following the closing of the transaction, which is expected in the second half of 2026 subject to customary regulatory approvals and other closing conditions, the Company will operate as an independent, global contract developer and manufacturer ideally positioned to bring innovative solutions to market at pace, with the strategic focus and operational flexibility to scale its model.
We are pleased to have partnered with Kirkland & Ellis LLP on this transaction.
The Matheson team was led by Corporate partners Rory Mullarkey, Enda Garvey and Associate Rachael Toland-Burke. The Corporate M&A team also included Ruairi O’Donovan, Constance Edwards, Ellie Glynn, Aoife Murphy and Tom O’Donnell, along with a cross-departmental team including Niall Collins, Simon Shinkwin, Conor Slowey, Kate Lenihan and Tobi Lawal (Competition), Paul Carroll (Finance & Capital Markets), Alice Duffy, Lorcan Keenan, Rachel Barry, Ciara Taggart, Tarisai May Chidawanyika and Trina Dzidonu (Employment, Pensions and Benefits), Sarah Jayne Hanna and Ruairi O’Connell (Technology and Innovation Group), Sally-Anne Stone and Shelley Kinsella (Commercial Real Estate) and Ruadhán Kenny and Heloise Lepoutre (Environmental and Planning).