AcquisitionSep 28, 2026Pending
๐บ๐ธ United States
LBLifecore Biomedical, Inc.WEWebster Equity Partners
Healthcare โบ Pharmaceuticals
Equity value$664MEquity value
AnnouncedSep 28, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentYes
Overview
Lifecore Biomedical, Inc. agreed to be acquired by Webster Equity Partners for $6.28 per share of common stock in cash at closing plus one non-tradable contingent value right per share, with Series A Preferred stockholders receiving the Conversion Amount in cash plus a CVR, in a transaction valued at up to $663.7 million assuming full achievement of performance milestones.
Deal rationale
The transaction is expected to support Lifecore's next phase of growth by pairing Webster Equity Partners' resources and expertise with Lifecore's CDMO capabilities to accelerate growth and pursue sustainable profitability.
AI-generated from the SEC filingPendingHealthcare โบ PharmaceuticalsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $664M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
MSMorgan Stanley
Sell-side
None listed
Parties
Target
LBLifecore Biomedical, Inc.
- Headquarters
- United States
- Ticker
- LFCR
Acquirer
WEWebster Equity Partners
- Headquarters
- United States
- Ticker
- โ