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New Deal


Announced

Completed

Goldman Sachs completed the acquisition of Capital Vision Services from Atlas and CDPQ for $2.7bn.

Financials

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Transaction Value£2,136m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Friendly

Single Bidder

United States

Medical Services

Private Equity

optometry practices

Private

Acquisition

Synopsis

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West Street Capital Partners, a fund managed by the Merchant Banking Division of Goldman Sachs, completed the acquisition of Capital Vision Services, which provides management services to full-service optometry practices, from Atlas Partners and Caisse de dépôt et placement du Québec for $2.7bn. “We are very excited to announce this transaction and mark the beginning of the next chapter of CVS’ success. We look forward to partnering with this talented management team and building on their foundation of commercial and operating excellence. CVS has a proven consumer-directed healthcare model that champions optometrists and promotes eye health. We are proud to support the Company’s continued growth and pleased about this new investment, which expands our portfolio in the healthcare services sector,” Jo Natauri, Goldman Sachs Merchant Banking Division, Global Head of Healthcare Investing.

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