TPG Capital-bacekd BVI acquired PhysIOL from TA Associates.

TPG Capital-bacekd Beaver-Visitec International, a leading developer, manufacturer, and marketer of specialized surgical devices and custom procedure packs for the ophthalmic marketplace, acquired PhysIOL, a Belgium-based ophthalmic company specializing in the research, development, and manufacture of intraocular lenses, from TA Associates. Financial terms were not disclosed. “The demand for premium IOLs that provide optimal vision post-cataract has surged in recent years, driving significant growth and expansion in the market,” said Dana G. Mead Jr., President and CEO of BVI. “PhysIOL’s innovative, high-quality product portfolio provides BVI with a strong and strategic entry point into this critical, high-growth segment. The addition of PhysIOL marks an important step in BVI’s transformation into a comprehensive ophthalmic platform focused on providing unique solutions to our customers. We are thrilled to welcome Marc and his talented team to BVI.”