Simpson Thacher is advising the Private Equity business within Goldman Sachs Asset Management in connection with its definitive agreement to acquire ownership of MDVIP, Inc. in partnership with Charlesbank Capital Partners, from Leonard Green & Partners and Summit Partners. The transaction is expected to close in the fourth quarter of this year and is subject to the receipt of certain regulatory approvals and the satisfaction of other customary closing conditions.
Founded in 2000, MDVIP is a national leader in personalized membership-based healthcare with a national network of more than 1,100 primary care physicians and 357,000 patients.
The Simpson Thacher team includes Katherine Krause, Austin Uhm and Robert Harrison (M&A); Jennifer Hobbs, Catherine Burns and Analilia Gomez (Banking and Credit); Jonathan Goldstein, Jacqueline Clinton and Lina Pan (Tax); Gregory Grogan, Linda Barrett and Garrick Ehlers (Executive Compensation and Employee Benefits); Lori Lesser, Kate Mirino and Bobbie Burrows (Intellectual Property); Steven DeLott (Insurance); Dan Levien and David Caldwell (Regulatory); Peter Guryan, Étienne Renaudeau, Kelly Karapetyan and Joshua Hazan (Antitrust); and Vanessa Burrows (Healthcare Regulatory).