A Wall Street Journal report had priced the deal at $2.7 billion. Goldman Sachs expects to close the deal by the third quarter of 2019.
In a statement, Goldman Sachs Group Inc said West Street Capital Partners VII, a fund managed by the company’s merchant banking unit, will acquire Capital Vision Services LP, in order to bolster their portfolio in the healthcare services sector.
West Street Capital Partners VII will buy Capital Vision, which manages MyEyeDr. optometry centers, from private equity firm Altas Partners LP and Canadian pension fund Caisse de dépôt et placement du Québec, said Goldman Sachs.
Although the terms of the contract have yet to be disclosed, a report from the Wall Street Journal stated the deal was valued at $2.7 billion, including debt.
Capital Vision supports independent optometrists and practices affiliated with the optometry practice management company MyEyeDr.
The deal is expected to close in the third quarter of 2019, said Goldman Sachs.
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