AcquisitionSep 28, 2026Pending
๐Ÿ‡บ๐Ÿ‡ธ United States

Lifecore Biomedical, Inc.Webster Equity Partners

Healthcare โ€บ 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 filing
PendingHealthcare โ€บ PharmaceuticalsUnited StatesNorth America

Timeline

  1. AnnouncedSep 28, 2026

    Deal announced.

    Filing

Valuation and terms

Equity value$664MHeadline figure
Enterprise valueUndisclosed
ConsiderationCash

Advisors

Buy-side
MSMorgan Stanley
Sell-side
None listed

Parties

Target
Lifecore Biomedical, Inc.
Headquarters
United States
Ticker
LFCR
Acquirer
Webster Equity Partners
Headquarters
United States
Ticker
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