BVI Medical

BVI Medical, headquartered in Waltham, Massachusetts, is a global developer, manufacturer, and marketer of specialized surgical devices tailored for the ophthalmic sector. The company offers a diverse range of products, including Beaver blades, Visitec cannulae, Merocel and Weck-Cel ophthalmic fluid management products, and Wet-Field Eraser electrosurgery devices. These products are designed to support various ophthalmic surgeries, such as those addressing cataracts, refractive errors, glaucoma, retinal diseases, and dry eye conditions. BVI Medical operates two advanced manufacturing facilities located in Waltham, MA, and Bidford, UK. Established in 2010, the company emerged from the integration of three distinct ophthalmic product businesses previously owned by Becton Dickinson, Medtronic, and Aspen Surgical, thereby positioning itself as a significant player in the ophthalmic market.

Shervin Korangy

Founder, President and CEO

4 past transactions

Beyeonics

Debt Financing in 2021
Beyeonics specializes in advanced surgical visualization technologies, aiming to enhance the information available to surgeons during procedures. Established in 2012 by a team of experienced engineers, the company is based in Israel and is developing innovative platforms that utilize augmented and virtual reality to replace traditional surgical microscopes. This technology allows for the real-time integration of vast amounts of data, which significantly improves surgical efficiency and patient safety. Beyeonics is focused on expanding its offerings to various surgical applications, including spine surgery, minimally invasive procedures, robotic surgery, and cardiovascular catheterization. The company collaborates with notable medical professionals, including those from the Tel Aviv Sourasky Medical Center and Retinal Consultants of Arizona, to ensure that its solutions meet the evolving needs of the medical community.

PhysIOL

Acquisition in 2018
PhysIOL S.A. is a Belgian medical device company specializing in the research, development, manufacturing, and marketing of intraocular lenses (IOL) and ophthalmic surgical equipment. Founded in 1986 and headquartered in Liege, Belgium, with a sales office in Toulouse, France, the company offers a comprehensive range of products for cataract and refractive surgery. Its product lineup includes various trifocal and monofocal lenses, such as FineVision and Ankoris, as well as advanced surgical technologies and injection systems. PhysIOL's innovative offerings aim to enhance patient outcomes and facilitate effective treatment for physicians. The company distributes its products across Europe, Asia, the Americas, Africa, and Oceania. As of February 2019, PhysIOL operates as a subsidiary of Beaver-Visitec International, Inc.

Vitreq

Acquisition in 2017
Vitreq is an ophthalmic technology company based in Vierpolders, Netherlands, specializing in the development and manufacturing of innovative products for the ophthalmic industry. With a particular emphasis on vitreoretinal surgery, Vitreq's team collaborates closely with leading surgeons to design a range of state-of-the-art, minimally invasive instruments. Their product portfolio includes disposable micro forceps, scissors, backflush instruments, and surgical liquids, aimed at enhancing the safety and effectiveness of eye surgery. Through a commitment to high-quality standards and advanced engineering, Vitreq addresses the evolving needs of surgical environments and aims to improve patient outcomes in ophthalmic care.

Malosa Medical

Acquisition in 2017
Malosa Medical is a manufacturer and supplier of single-use surgical instruments, focusing primarily on the field of ophthalmology. The company provides cost-effective, high-quality instruments designed for common procedures such as cataract surgery and intravitreal injections. Malosa Medical equips surgeons with convenient, sterilized packs that contain all the necessary instruments and consumables for specific ophthalmic procedures, ensuring efficiency and safety in surgical settings.
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