Here are five insights:
1. Chicago-based Madison Dearborn Partners invests in Patterson Medical.
2. Patterson Medical is acquiring Performance Health from New Canaan, Conn.-based Gridiron Capital.
3. Mike Orscheln will serve as the new company’s CEO. The Performance Health divison will appoint Marshall Dahneke president.
4. Patterson Medical is a rehabilitation, sports medicine and assistive patient products distributor.
5. Performance Health is a health, wellness and self-care company. The company’s brands include Active Ankle, Biofreeze, TheraBand, Cramer, Bon Vital, TheraPearl, Hygenic and Perform.
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