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Cornell Capital Acquires Advancing Eyecare

PRIVATEMay 09, 2022

Acquiring Company

Cornell Capital

Acquired Company

Advancing Eyecare

Information TechnologyFinancial ServicesSoftwareMobileMedia And EntertainmentMobile

Description

Cornell Capital LLC ("Cornell Capital"), a private equity firm based in New York and Hong Kong, today announced that it has entered into an agreement to acquire Advancing Eyecare ("AEC" or "the Company"), North America's leading provider of ophthalmic instruments, from Atlantic Street Capital. Terms of the transaction were not disclosed.

Quick answer

Cornell Capital is acquiring Advancing Eyecare, announced May 9, 2022.

How much did Cornell Capital pay for Advancing Eyecare?
The deal value was not disclosed.
What does Cornell Capital do?
Cornell Capital LLC is a U.S.-based private investment firm with ~$6 billion of AUM and offices in New York and Hong Kong.

Source: Fundz verified event record.

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Company Information

Company

Cornell Capital

About

Cornell Capital LLC is a U.S.-based private investment firm with ~$6 billion of AUM and offices in New York and Hong Kong. Leveraging decades of global investment experience, the firm takes a disciplined approach to investing across the consumer, financial services, and industrials/business services sectors, often in companies that can benefit from the firm's Asia presence and cross-border expertise. Founded in 2013 by Senior Partner Henry Cornell, the former Vice Chairman of Goldman Sachs' Merchant Banking Division, the firm is led by a highly seasoned team with significant shared investment experience. For more information, visit www.cornellcapllc.com.

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Frequently asked

Who acquired Advancing Eyecare?

Advancing Eyecare was acquired by Cornell Capital. The deal was reported on May 9, 2022. Cornell Capital LLC is a U.S.-based private investment firm with ~$6 billion of AUM and offices in New York and Hong Kong. Cornell Capital is privately held and operates in Information Technology.

When did Cornell Capital acquire Advancing Eyecare?

Cornell Capital's acquisition of Advancing Eyecare was reported on May 9, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Advancing Eyecare do?

Advancing EyecareTM is the leading provider in the eyecare instrumentation marketplace established to offer the best products and service solutions in the ophthalmic equipment industry. It is privately held, operating in Media And Entertainment.

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