Schiff Advises Paramit Corporation in $1B Acquisition by The Tecan Group

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Schiff Advises Paramit Corporation in $1B Acquisition by The Tecan Group

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Altaris Capital Partners, LLC has announced that it has entered into an agreement to sell Paramit Corporation to The Tecan Group for $1 billion. Schiff Hardin serves as legal advisor to Paramit for the deal. Paramit is a developer and manufacturer of complex electronic medical devices and life science instruments. The transaction is expected to close in the third quarter, subject to customary closing conditions.