Private equity firm Atlantic Street Capital is forming Advanced Eyecare Holdings, an ophthalmology-facing supply and services company.
What you should know:
1. Atlantic Street Capital is forming the company in partnership with instrument distributor Lombart Instrument and instrument supplier Marco Ophthalmic Inc.
2. The company is expected to close in the first quarter of 2019.
3. Lombart CEO Gordon Siteman said, "Creating Advancing Eyecare with the partnership of two leaders in the eyecare instrumentation marketplace increases our ability to provide the doctor both the service and product offerings that suit their budget and their technology requirements. When completed, the combined organization will deliver the best solution at the best price for every practice's needs."
4. Advancing Eyecare will be co-chaired by David Marco and Bryan Bevin.