Ropes & Gray, Allen & Overy Steer $336M Health Care Deal
Law360 (June 1, 2020, 5:19 PM EDT) -- Private equity firm Avista Capital Partners said Monday it will acquire European health care company Vision Healthcare alongside co-investor VHC Investco in a deal steered by Ropes & Gray LLP and Allen & Overy LLP that values Vision Healthcare at €305 million (about $336 million).
New York-based Avista Capital said it will hold a 50% ownership interest in Vision Healthcare NV, while Vision Consumer Health BV, an entity backed by VHC Investco and company management, will hold the other 50%. Vision Healthcare, which is based in Belgium, is a health care company that sells self-care and over-the-counter products directly to consumers....
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