Ropes & Gray represented BVI®, a TPG portfolio company, in its acquisition of Benz Research & Development and its customized contact lens subsidiary, SpecialEyes. Both companies are based in Sarasota, Florida. The transaction was announced on October 15. Terms of the deal were not disclosed. The press release is here.
BVI® is a global ophthalmic medical device manufacturer with a mission to deliver high quality solutions and innovation for advancing eye surgery and improving the vision of patients. Benz R&D is the leading technologically advanced independent supplier of performance materials and manufacturing technology to the IOL industry.
The Ropes & Gray team that represented BVI was led by private equity partners Bob Rivollier (New York) and John Newton (London), and included tax partners Benjamin Rogers (San Francisco) and Adam Greenwood (New York), life science regulatory & compliance partner Greg Levine (Washington D.C.), employment, executive compensation & benefits partners Megan Bisk (Boston) and Alexandra Alperovich (New York), and real estate partner Peter Alpert (Boston).
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