Atlantic Street Capital (ASC), a private equity firm that invests in lower middle market companies, has signed a definitive agreement to sell Advancing Eyecare, North America’s provider of ophthalmic instruments, to Cornell Capital.
The transaction is subject to customary closing conditions and is expected to be completed in the second quarter of 2022.
Kramer Levin served as legal counsel to Advancing Eyecare and Houlihan Lokey served as financial advisor.