Keplr Vision, a private-equity-owned business that provides operational support to optometry practices across the U.S., has been exploring options including a sale, The Wall Street Journal reports, citing people familiar with the matter. Backed by Toronto-based private-equity firm Imperial Capital Group, the Bloomington, Ill., company has been working with investment bank Houlihan Lokey. Keplr is projected to have adjusted earnings before interest, taxes, depreciation and amortization of about $100 million this year, according to the people. If reached, a deal could be valued around $1.8 billion. Read more.
Related Posts
Yakima Valley Memorial Closes 3 Outpatient Clinics to Deal with Staffing Shortage
Memorial officials initially shut down their Ambulatory Endoscopy Clinic this summer when the hospital was being overwhelmed by COVID-19 patients.
November 18, 2021
Eclipse Senior Living Shutting Down in Q1 2022
Real estate investment trust Ventas, which owns a 34% stake in Eclipse, announced it plans to transition operations of its 90 Eclipse-managed communities in 20 states to eight to-be-named providers.
October 5, 2021
Blue Cross Dealings With Illinois Clinic Ending: Report
Some service agreements between one of west-central Illinois’ largest health insurance companies and one of the areas largest healthcare providers will end next week because the two organizations so far have failed to reach agreements to continue.
August 10, 2021
Spring Dental Rebrands to Lumio Dental
In order to have a name that encompasses all of its 25 regional brands, the parent company has been rebranded to Lumio Dental.
December 23, 2021