Earlier this week, private equity firm RoundTable Healthcare Partners announced the sale of Beaver-Visitec International Holdings, Inc. (BVI) to global private investment firm TPG Capital for an undisclosed amount.
Based in Waltham, Mass., BVI is a global developer, manufacturer and marketer of specialized surgical devices for the ophthalmic marketplace. RoundTable reportedly formed BVI in 2010 by acquiring and integrating three separate ophthalmic product businesses from Becton Dickinson, Medtronic, and Aspen Surgical. Today BVI operates two manufacturing plants in Waltham and Bidford, U.K.
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Source: RoundTable Healthcare Partners