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Announced

Completed

Goldman Sachs Asset Management and Charlesbank Capital completed the acquisition of a majority stake in MDVIP from Leonard Green and Summit Partners.

Synopsis

Private equity firms Goldman Sachs Asset Management and Charlesbank Capital Partners, completed the acquisition of a majority stake in MDVIP, a personalized membership-based healthcare services provider, from private equity firms Leonard Green & Partners and Summit Partners. Financial terms were not disclosed. "For more than two decades, MDVIP has redefined primary care for both physicians and patients to enhance their experience and improve healthcare outcomes. With this investment from Goldman Sachs and Charlesbank, MDVIP is ideally positioned to advance its strategic growth initiatives and continue expanding its portfolio of services to meet increasing demand for more personalized care," Bret Jorgensen, MDVIP Chairman and CEO.

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