Announced
Completed
Financials
Tags
United Kingdom
Private Equity
Majority
Acquisition
optical components
Cross Border
Friendly
Private
Single Bidder
Medical Equipment
Completed
Synopsis
CVC Capital Partners, a private equity and investment advisory firm, completed the acquisition of a majority stake in Rayner, a provider of optical instruments, from Phoenix Equity Partners, a UK-based private equity firm. Financial terms were not disclosed. “Having recently tripled our manufacturing capacity and strengthened our R&D capability, we are primed to embark on our next phase of growth and improve outcomes for even more patients with our world-class implants and treatments for a broad range of ophthalmic conditions. With its extensive healthcare experience, CVC understands our business and supports our ambition to become an international ophthalmology leader," Tim Clover, Rayner CEO.
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