Press Release

Morgan Lewis Advises in Sale of Probo Medical to Avista Capital

Tuesday, March 8, 2022

NEW YORK, March 8, 2022: Morgan Lewis represented Probo Medical LLC, a portfolio company of Varsity Healthcare Partners (VHP), in the sale of Probo Medical to Avista Capital Partners.

Probo Medical is a global diversified supplier of refurbished diagnostic imaging equipment. VHP is a middle-market private equity investment firm focused on partnering with founders, entrepreneurs, and management teams to build healthcare services companies. Avista Capital is a New York-based private equity firm with investments in more than 40 growth-oriented healthcare businesses globally.

Morgan Lewis partners Jonathan Morris and Allison Gargano represented Probo Medical.

For more, read the announcement.