Press Release

Morgan Lewis Advises Varsity Healthcare in Probo Medical Recapitalization, Partnership

Monday, October 1, 2018

NEW YORK, October 1, 2018: Morgan Lewis represented healthcare services–focused private equity firm Varsity Healthcare Partners in a joint recapitalization transaction and growth capital partnership with Probo Medical, LLC, a reseller of refurbished ultrasound systems and ultrasound probes. The transaction closed on September 28, 2018.

The Morgan Lewis team advising on the transaction was led by partner Jonathan Morris. Support was provided by partner Patrick Rehfield and associates Greer Longer, Alexandra Good, and Danby Kim.

Read an announcement on the deal distributed by Varity Healthcare Partners.