The Daily Buyout
UndisclosedPrivate equity buyoutHealthcare & Life Sciences

Banner Capital to roll up three medical device plastics makers

Banner Capital formed Seaway Group and agreed to acquire Seaway Plastics Engineering, MME Group and Wright Engineered Plastics, with Seventeen Capital co-investing and Ron Labrum as executive chairman.

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More Healthcare & Life Sciences deals

$5.8BTake-privateHealthcare & Life SciencesOct 7, 2026

CD&R and McKesson to take Option Care Health private for $5.8B

Clayton, Dubilier & Rice and McKesson agreed to acquire Option Care Health for $32.05 per share in a deal valued at about $5.8 billion. CD&R will hold majority ownership, while McKesson invests roughly $1.4 billion for about 49%, with a framework to potentially buy CD&R's stake later. Option Care shares jumped about 34%.

$2BStrategic acquisitionHealthcare & Life SciencesOct 6, 2026

Shionogi pays $2B for rare disease biotech IntraBio

Japan's Shionogi agreed to acquire Texas-based IntraBio for $2 billion, adding the marketed drug Aqneursa for Niemann-Pick disease type C and Ataxia-Telangiectasia. IntraBio reported sales of $68 million in 2025. The purchase follows Shionogi's acquisitions of Radicava and Tetra Therapeutics as it builds out a rare neurodegenerative disease franchise.