Announced
Completed
Financials
Tags
Health Care Services
Majority
Single Bidder
Domestic
Completed
Acquisition
Private
Private Equity
United States
cataract outsourcing
Friendly
Synopsis
Pharos Capital, a middle-market private equity firm, completed the acquisition of Vantage Outsourcing, a cataract surgical service provider. Financial terms were not disclosed. "Pharos has identified surgical support services for ophthalmology and other surgical specialties as a key area of interest for investment, with attractive demographic trends and a growing opportunity to improve outcomes for both patients and providers. There is a marked need for such services in rural areas, where long travel distances are an obstacle and access to care is often insufficient. We are excited to work with Vantage, which supports providers and offers vital services in areas that would otherwise go unserved," Joel Goldberg, Pharos Capital Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.