HUDSON, Wis. & SAN FRANCISCO--(BUSINESS WIRE)--Phillips-Medisize Corporation (the “Company”) today announced that it has entered into a definitive agreement under which Golden Gate Capital will acquire the Company from funds managed by Kohlberg & Company, L.L.C. Phillips-Medisize will maintain its global headquarters in Hudson, Wisconsin, and President & CEO Matt Jennings and the current management team will remain in place. Terms of the transaction were not disclosed.
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