Revival Healthcare Capital has announced it has closed a new fund with total capital commitments of $500 million.
The firm indicated that it has made its first investment from the fund — RVLHC II — totaling $75 million.
Revival, based in Austin, Texas, is a private equity firm specializing in the medical device and diagnostic sectors of healthcare. When partnering on strategic growth opportunities, the firm seeks to invest between $50 million and $125 million, with ability to scale its investment commitment, and aims to lead the investment and assume controlling interest equity positions.
