Foley & Lardner LLP served as legal advisor to Housatonic Partners, a growth-oriented private equity firm focused on investing in market-leading services companies, in its strategic growth investment in Mobile Vascular Physicians (“MVP”), a New York-based concierge medical practice that utilizes a specialized, mobile approach to provide vascular and interventional radiology services to residents of long-term care (“LTC”) facilities.
The investment will help MVP further scale and expand its capabilities in providing clinical consultations, diagnostic work ups, and minimally invasive venous treatments to its patients. Housatonic Partners’ investment will also help MVP continue to ensure that LTC patients receive the highest standards in vascular care at a lower cost, with the greatest convenience and outcomes.
Founded in 1994, with over $1.3 billion in capital under management, Housatonic Partners provides equity commitments of $10 to 50 million for growth, minority recapitalization, and buyout transactions. From inception, they have sought to invest in growing, profitable companies in the recurring business services, technology, and healthcare sectors and to partner with exceptional management teams.
The Foley deal team was led by Partners Susan Pravda and Alexis Bortniker, Senior Counsel Alex Miska, and Associates Paige Moscow, Stephanie Schwartz, and Zoe Uvin.
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