Acuity Eyecare Group Acquires ABBA Eye Care and EyeCare Specialties; J.P. Morgan Invests
January 9, 2019
Acuity Eyecare Group, a portfolio company of Riata Capital Group, acquired ABBA Eye Care (13 locations) and EyeCare Specialties (5 locations), adding 18 clinics across Colorado and Nebraska. Funds and accounts advised by J.P. Morgan Asset Management made a substantial equity investment in Acuity to support the platform's planned expansion to 200–300 locations.
- Buyers
- Acuity Eyecare Group, Riata Capital Group, J.P. Morgan Asset Management
- Targets
- ABBA Eye Care, EyeCare Specialties
- Platforms
- Acuity Eyecare Group
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Addon
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