The Week at Ropes & Gray: A Life Sciences Acquisition; Value-Based Strategies for Providers; Data Breach Litigation Tools; Diversity Roundtables on the West Coast; High Yield Deal of the Year Honors
Weekly highlights of what’s happening at Ropes & Gray:
- TPG Capital portfolio company Beaver-Visitec International, a leading global developer, manufacturer and marketer of specialized surgical devices for the ophthalmic marketplace, has acquired Malosa Medical, a leading manufacturer and supplier of single-use surgical instruments for use in the field of ophthalmology. The Ropes & Gray team representing TPG was led by private equity partner John Newton. The deal follows TPG’s acquisition of Beaver-Visitec in July 2016.
- Reimbursement methodologies increasingly focus on making health care providers accountable for coordinating care, improving health outcomes and controlling costs. In the latest segment of our value-based health care teleconference series, “Winners and Losers in the Provider Sector in the Movement to Value-Based Health Care,” health care partners John Chesley and Deborah Kantar Gardner will discuss the provider value-based health care landscape and highlight strategies for providers to position themselves for success in the movement to new models of payment and care delivery. Visit the event page for an audio replay and the presentation slides.
- Jim Batchelder recently hosted the firm’s third West Coast diversity roundtable for in-house counsel from leading Bay Area companies. The roundtable featured a brainstorming session, in which participants shared ideas and action plans for fostering inclusiveness.
- A finance transaction by the Virgin Media Group involving the world’s first-ever issuance of receivables financing notes has been recognized as the High Yield Deal of the Year at the IFLR Europe 2017 Awards. The structure is a significant development in the supply chain finance market since it allows companies to term out their accounts payable until the maturity of the RFNs – in this case, eight years. The London-based Ropes & Gray team that advised on the deal was led by finance partners Jane Rogers and Robert Haak.