Shore Capital Partners will sell EyeSouth Partners to Olympus Corp. for just under $1 billion, Axios reports.
EyeSouth, based in Atlanta, is a network of eye care practices located throughout the country. Founded in 2017, the company states its network consists of more than 30 practices with over 250 doctors who provide care at approximately 150 locations, including 19 surgery centers.
Shore Capital Partners, based in Chicago, pursues healthcare investments in the lower middle market. Founded in 2009, the firm pursues control equity investments in the healthcare services, products and distribution markets through a range of investment amounts. Within healthcare, Shore seeks to invest in the provider services and non-reimbursement industries.
Olympus, which is based in Tokyo, Japan, and has its U.S. headquarters in Center Valley, Pa., is a global manufacturer of optical and digital technology.