Recapitalization | Historical
Northbrook, IL
June 1996
Manan is a leading manufacturer of a complete line of specialized biopsy needles for mammography, hematology, and urology. The company also produces a full line of automatic biopsy guns used to obtain tissue samples.
Mr. Malizia’s former investment firm structured a transaction which allowed the founding brothers to take cash out of their business while still running the company and retaining significant equity ownership.