Atlantic Street's Lombart buys Innova Medical Ophthalmics
Lombart Instrument, a portfolio company of U.S. private equity firm Atlantic Street Capital, has acquired Innova Medical Ophthalmics Inc, a privately-held distributor of ophthalmic instruments in Canada. No financial terms were disclosed. David Spear, CEO of Toronto-based Innova, said the combination of the two businesses creates a "market leading value-added supplier for ophthalmic equipment in North America." Based in Norfolk, Virginia, Lombart was acquired by Atlantic Street in April 2016.
9 March 2017•3 mins read
