Vitreq has been sold to Beaver-Visitec International
July 2017 — The shareholders of Vitreq have sold the company to Beaver-Visitec International, a portfolio company of TPG Capital.
Vitreq, founded in 2014 by a team of industry professionals with a proven track record, is a next-generation ophthalmic technology company. Headquartered in the Netherlands, Vitreq creates instruments for the ophthalmic society with a special focus on vitreoretinal surgery. At Vitreq, a dedicated team of R&D, engineering, QA-RA and manufacturing specialists cooperate closely with global key opinion leaders to provides tomorrow’s innovations in today’s vitreoretinal surgery.
Vitreq will gained strong brand awarenes within the ophthalmic society. With the assistance of its new shareholder Beaver-Visitec International, Vitreq seeks to further expand its product portfolio resulting in additional innovative vitreoretinal products in the coming years.
Headquartered in Waltham, Massachusetts, Beaver-Visitec International, develops, manufactures and markets ophthalmic and other specialty microsurgical products. Beaver-Visitec distributes products in over 90 countries worldwide and operates manufacturing facilities in the US, the UK and internationally. Beaver-Visitec offers products and services for all aspects of ophthalmic surgery, including cataract, refractive, oculoplastic, and vitreoretinal sub-specialties, as well as other specialty microsurgery procedures.
Our role in the transaction
Oaklins' team in the Netherlands acted as the exclusive M&A advisor to Vitreq’s shareholders in this transaction.
Talk to the deal team
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreKatalyst Diagnostics has been acquired by Cruinn Diagnostics
Katalyst Diagnostics Ltd. has been acquired by Cruinn Diagnostics Ltd. The acquisition strengthens Cruinn Diagnostics’ presence in the UK diagnostics market, adding established NHS customer relationships, local commercial infrastructure and a complementary portfolio of point-of-care diagnostic solutions. It also creates opportunities to introduce Cruinn Diagnostics’ products to UK customers while leveraging its established Irish platform to accelerate the growth of Katalyst Diagnostics’ portfolio in Ireland. With more than 100 employees and revenues in excess of US$56 million, the combined business will continue to focus on the UK market, where Cruinn Diagnostics sees significant opportunities to expand through further investment and targeted M&A.
Learn more