Advancing Eyecare Acquires Birmingham Optical Group

Advancing Eyecare Acquires Eyefficient

August 1, 2024

Medical Devices

Advancing Eyecare (AEC), a Jacksonville-based eyecare instrumentation platform backed by Cornell Capital, has acquired Eyefficient, a Twinsburg, Ohio supplier of ophthalmic instruments. Financial terms were not disclosed; AEC said the deal will expand its product offering and installation/repair services to third-party distributors and independent sales representatives.

Advancing Eyecare Acquires Veatch Ophthalmic Instruments

November 11, 2022

Medical Devices

Advancing Eyecare (AEC), a PE-backed eyecare instrumentation platform, has acquired Veatch Ophthalmic Instruments, a Tempe, Arizona-based distributor of ophthalmic equipment. Financial terms were not disclosed; the deal expands AEC's national footprint and product/service offerings to independent eye care practitioners, national chains, hospitals and teaching institutions.

Cornell Capital Acquires Advancing Eyecare from Atlantic Street Capital

May 9, 2022

Medical Devices

Cornell Capital has agreed to acquire Advancing Eyecare, North America’s leading provider of ophthalmic instruments, from Atlantic Street Capital. The transaction will support AEC’s growth initiatives and accelerate development of its product and service offerings while partnering with the existing management team to scale the business.

Advancing Eyecare Acquires Santinelli International

January 5, 2022

Medical Devices

Advancing Eyecare, a portfolio company of Atlantic Street Capital, has acquired Santinelli International, a long‑standing provider of optical finishing and lens edging equipment. The acquisition expands Advancing Eyecare's product portfolio and service capabilities in the ophthalmic equipment market and integrates Santinelli's edgers, blockers, tracers, consumables and accessories into the platform.

CECOP Acquires The Alliance Buying Group from Surgery Partners

January 10, 2021

Healthcare Services

CECOP, the global association for independent opticians and optometrists, has acquired The Alliance Buying Group from Surgery Partners. The deal expands CECOP’s North American footprint and strengthens its buying-group and member-services capabilities for independent optical retailers in the United States.

H2 Equity Partners Acquires Optegra International Limited

November 27, 2020

Healthcare Services

H2 Equity Partners has exchanged contracts to acquire Optegra International Limited, a pan‑European ophthalmology group operating 23 eye hospitals across the United Kingdom, Czech Republic and Poland. Completion is subject to regulatory conditions and expected early 2021; H2 will partner with CEO Dr Peter Byloos and management to execute Optegra's growth strategy and expand its eye‑care services.