LAS VEGAS (Nov. 14, 2022) – AV Equity Partners today announced the signing of a definitive agreement to acquire Valley View Surgical Center.
Valley View Surgery Center is one of the largest AAAHC accredited Ambulatory Surgery Centers in Nevada.
“Horizon Organic is an iconic name in dairy that is well recognized and beloved by consumers,” said Platinum Equity Co-President Louis Samson. “The brand has earned a reputation for quality and innovation that is unmatched in the industry. We appreciate Danone’s confidence in our ability to build on that legacy and support Horizon Organic’s growth as a standalone company.”
The US dairy category is estimated at $68 billion with milk comprising approximately $17 billion of that total.
“Premium offerings, including organic and value-added products, are driving the growth in the dairy milk category,” said Platinum Equity Managing Director Adam Cooper. “Horizon Organic is a pioneer of that segment and is in position to continue capitalizing on and accelerating the trend.”
Platinum Equity has decades of experience acquiring and operating global businesses that have been part of large corporate entities. The firm recently announced the pending acquisition of Kohler Energy from Kohler Co. In recent years Platinum Equity has also acquired businesses from firms like Ball Corporation, Caterpillar, ConAgra, Emerson Electric, Ingersoll Rand and Johnson & Johnson, among others.
“We are excited about Horizon Organic’s potential as an independent business with a renewed sense of focus and a commitment to investing in its success,” said Cooper. “We have a lot of experience supporting food and beverage businesses. We look forward to partnering with Horizon Organic’s management team to ensure a seamless transition and chart a path for continued growth and expansion.”
Goe Forsythe & Hodges is serving as legal advisor and Meadows Bank is serving as debt financing to AV Equity.
About AV Equity
Founded in 2020 by Ron Balchandani, AV Equity is a global investment firm with approximately $47 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world.
Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 28 years Platinum Equity has completed more than 450 acquisitions.
About Valley View Surgery Center®
Established in 2004, Valley View Surgery Center (VVSC) is a multi-specialty, NV licensed, Medicare Certified, and AAAHC accredited Ambulatory Surgery Center. VVSC relocated to its current address at 1330 S. Valley View Boulevard in 2011.
The team of VVSC includes patient customer care providers, experienced licensed and certified nurses, clinical and non-clinical support professionals, and independent specialty physicians. The team consistently aim to provide safe, satisfying, and positive care to every patient.
As an independently and privately physician owned center, VVSC offer doctors and patients a pleasant environment to meet the surgical needs of its community.