Harvest Partners SCF Invests in Advancing Eyecare

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.

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.

Harvest Partners SCF Leads Minority Investment in HelpSystems

May 6, 2021

Cybersecurity

Funds managed by Harvest Partners SCF, LP signed a definitive agreement to lead a minority investment in HelpSystems, joining existing investors TA Associates, Charlesbank Capital Partners and HGGC alongside HelpSystems employees. The growth investment will support HelpSystems' continued expansion of its cybersecurity and IT automation software offerings and further product, acquisition and geographic growth.

Partners Group Acquires Majority Stake in EyeCare Partners from FFL Partners

December 16, 2019

Healthcare Services

Partners Group agreed to acquire a majority stake in EyeCare Partners from FFL Partners, marking a PE-to-PE buyout of the U.S. ophthalmology and optometry services platform. EyeCare Partners is a vertically integrated network of optometry and ophthalmology practices headquartered in St. Louis that grew rapidly under FFL (reported 65% CAGR and several hundred sites) — financial terms were reported by market sources at roughly $2.2 billion.

Advancing Eyecare Acquires Ophthalmic Instruments, Inc.

September 4, 2019

Medical Devices

Advancing Eyecare, a PE-backed ophthalmic instrumentation platform, has acquired Ophthalmic Instruments, Inc. (OII), a family-owned distributor of ophthalmic instruments serving the U.S. West Coast. The deal expands Advancing Eyecare's national footprint and strengthens its West Coast distribution and service capabilities.