International law firm Ropes & Gray has advised TPG Capital on the acquisition by one of its portfolio companies, Beaver-Visitec International, of Malosa Medical, a manufacturer and supplier of single-use surgical instruments, primarily for use in the field of ophthalmology, based in the UK and China.
With a portfolio of more than 400 products, Malosa equips surgeons with convenient, sterilized, single-use packs that contain all the instruments and consumables required for specific ophthalmic procedures.
The company’s cost-effective, high-quality instruments are designed for use in some of the most frequently performed procedures, including cataract surgery and intravitreal injection.
The Ropes & Gray team was led by private equity partner John Newton, assisted by associates Victoria McGrath and Phil Fogarty in London and Paul Tang in Hong Kong. Other members of the team included tax partner Brenda Coleman, with associates Chris Agnoli and Melanie Shone (London) and finance partner Alex Zeltser (New York) and finance associate Daniel Coyne (Boston).
The deal, which was announced on 21 April for an undisclosed sum, follows the acquisition by TPG Capital of Beaver-Visitec International in July 2016. Ropes & Gray also advised on this deal.