With EyeCare Partners Deal, Swiss Firm Sees a Base for ‘Organic Growth, Expansion and Consolidation’ of U.S. Vision Market
12/17/2019
In the second major acquisition of an eyecare practice management group this year, the Switzerland-based Partners Group announced Monday morning that it has agreed to make a significant investment in EyeCare Partners LLC (ECP). FFL Partners announced separately that it was selling the stake it had held in EyeCare Partners since its initial investment in April 2015.
The terms of the deal were not disclosed, but a person familiar with the the transaction told The Wall Street Journal the value of the deal (including debt assumption) was approximately $2.2 billion.