Private Equity
Leonard Green & Partners Acquires Majority Ownership of MDVIP from Summit Partners BOCA RATON, Fla., November 15, 2017-- MDVIP, the national leader in affordable personalized healthcare, today announced that Leonard Green & Partners, a leading private equity investment firm, has acquired a majority interest in the company from global growth equity investor Summit Partners. Summit Partners, which initially invested in MDVIP in 2004 and later acquired it from Procter & Gamble in 2014, will remain a minority investor in the company. Terms of the transaction were not disclosed.