Goldman PE arm buys MyEyeDr in $2.7 bln deal, producing 3.5x return for Altas Partners
Altas Partners is poised to generate an about 3.5 x return on MyEyeDr through a sale of the optometry giant valued at US$2.7 billion, according to a source familiar with the matter. Goldman Sachs through West Street Capital Partners VII this week agreed to acquire the well-known brand by buying its management services company, Capital Vision Services. Toronto’s Altas partnered with Caisse de dépôt et placement du Québec in 2015 to acquire Capital Vision Services for US$775 million, the source said. The pending acquisition — the largest sponsor-backed transaction in vision care history — concludes a process that kicked off earlier this year.
6 June 2019•1 min read
