Altaris Capital Partners’ Acquisition of Meridian Medical Technologies

Wachtell, Lipton, Rosen & Katz represented Pfizer in the transaction.

Pfizer Inc. (NYSE: PFE) has entered into an agreement with Altaris Capital Partners, LLC, a healthcare investment firm based in New York, for Altaris to purchase Meridian Medical Technologies.  Meridian’s operations, which generate approximately $300 million in annual revenues, consist of manufacturing and distributing medical countermeasures used by the U.S. Department of Defense, Emergency Medical Services, Homeland Security and foreign ministries of health and defense, as well as rescue auto-injectors for the emergency treatment of allergic reactions including anaphylaxis.

Altaris Capital Partners, LLC is an investment firm focused exclusively on the healthcare industry. Altaris is based in New York and actively manages $6.0 billion of equity capital.

Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation headquartered on 42nd Street in Manhattan, New York City.

Meridian Medical Technologies, Inc., headquartered in Columbia, Maryland is a global leader in the medical device industry, serving the emergency and early intervention healthcare markets.

The Wachtell, Lipton, Rosen & Katz team included Zachary S. Podolsky, Partner, Steven R. Green, Associate, Ahsan M. Barkatullah, Associate, Grace Kim, Associate, Ram Sachs, Associate (Corporate), Michael J. Schobel, Partner, Alicia C. McCarthy, Counsel (Executive Compensation and Benefits), Michael S. Benn, Partner, Kisho Watanabe, Associate (Finance), Ian Boczko, Partner (Litigation), and Mark A. Koenig, Counsel (Real Estate M&A).

Involved fees earner: Ahsan Barkatullah – Wachtell, Lipton, Rosen & Katz; Michael Benn – Wachtell, Lipton, Rosen & Katz; Ian Boczko – Wachtell, Lipton, Rosen & Katz; Steven Green – Wachtell, Lipton, Rosen & Katz; Grace Kim – Wachtell, Lipton, Rosen & Katz; Mark Koenig – Wachtell, Lipton, Rosen & Katz; Alicia McCarthy – Wachtell, Lipton, Rosen & Katz; Zachary Podolsky – Wachtell, Lipton, Rosen & Katz; Ram Sachs – Wachtell, Lipton, Rosen & Katz; Michael Schobel – Wachtell, Lipton, Rosen & Katz; Kisho Watanabe – Wachtell, Lipton, Rosen & Katz;

Law Firms: Wachtell, Lipton, Rosen & Katz;

Clients: Pfizer;