Announced
Completed
Financials
Tags
Medical Equipment
Majority
ophthalmic company
Single Bidder
Domestic
Acquisition
Friendly
Private
United States
Private Equity
Completed
Synopsis
Cornell Capital, a private equity firm, completed the acquisition of Advancing Eyecare, a provider of ophthalmic instruments, from Atlantic Street Capital, an operationally focused private equity firm. Financial terms were not disclosed. "AEC's trusted brands and broad portfolio of high-quality products and services have supported the daily operations and growth needs of our customers since our founding, and we are excited to take our company to new heights in partnership with Cornell. We look forward to leveraging Cornell's expertise and our multi-channel platform and strong relationships to capitalize on organic and inorganic growth initiatives, accelerate the development of top-quality product and service offerings and unlock enhanced value for customers," Brad Staley, Advancing Eyecare CEO.
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