Perimeter Solutions, Inc.
PRMPerimeter Solutions, Inc. (PRM) is a provider of firefighting and fire safety solutions, specializing in innovative products for wildfire prevention and suppression. The company develops and manufactures fire retardants, foams, and other related equipment primarily for use by government agencies, military, and industrial sectors to combat large-scale fires and enhance perimeter defense. It aims to improve fire management efficiency through advanced chemical formulations and technology.
Company News
Perimeter Solutions (NYSE: PRM) has completed its acquisition of Medical Manufacturing Technologies LLC (MMT) from Arcline Investment Management for approximately $685 million in cash. MMT is a leading provider of engineered machinery and aftermarket consumables for minimally invasive medical device manufacturing. The transaction was financed thr...
Perimeter Solutions' subsidiary is pricing $550 million in senior secured notes due 2034, with proceeds intended to fund the acquisition of Medical Manufacturing Technologies (MMT) for $685 million.
Perimeter Solutions plans to issue $550 million in senior secured notes due in 2034, intending to use proceeds to fund the acquisition of Medical Manufacturing Technologies LLC and related expenses.
Perimeter Solutions plans to acquire Medical Manufacturing Technologies (MMT) for $685 million in cash, funded through new secured debt and existing cash reserves. The acquisition is expected to close in Q1 2026 and will expand Perimeter's portfolio in medical device manufacturing equipment and aftermarket services.
Perimeter Solutions reported strong Q3 2025 financial results, with a 9% revenue increase to $315.4 million, expanded EBITDA margin to 59%, and grew free cash flow by 6.5% compared to the same period in 2024.
