Shore Capital Partners, a Chicago-based healthcare-focused lower middle-market private equity firm, announced on September 29 that it was selling EyeSouth Partners to Olympus Partners. The financial terms of the transaction were not disclosed.
Jefferies LLC is serving as exclusive financial advisor through its Essential Outpatient Healthcare franchise and Winston & Strawn LLP is serving as legal advisor to Shore and EyeSouth. Bass, Berry & Sims is serving as regulatory counsel to Shore and EyeSouth.
Shore Capital Partners has approximately $3 billion of cumulative capital commitments through various investment vehicles.
Olympus Partners is a private equity firm that manages more than $8.5 billion in assets, mainly on behalf of corporate pension funds, endowment funds and state-sponsored retirement programs.
Headquartered in Atlanta, EyeSouth Partners is an eye care management services organization committed to partnering with physicians to build a network of eye care services throughout the U.S. EyeSouth was formed by Shore Capital Partners in 2017 and has grown its affiliate network from five locations to more than 155 locations. In 2022, EyeSouth Partners acquired seven ophthalmology clinics across the country.
