Perimeter Solutions Completes $685M MMT Acquisition

Perimeter Solutions has completed its acquisition of Medical Manufacturing Technologies LLC (MMT) from Arcline Investment Management for approximately $685 million in cash, including certain tax benefits. The company financed the purchase with cash on hand and proceeds from a senior secured notes offering that closed on January 2, 2026.

MMT is described as a leading provider of highly engineered machinery and associated aftermarket consumables, parts, and services used in the manufacturing of minimally invasive medical devices. Nearly all of MMT’s revenue is generated from proprietary products, and approximately half of revenue comes from the aftermarket.

The signing of the definitive agreement was announced December 10, 2025.