March 15, 2017

Stamford PE firm adds to portfolio

Stamford-based private equity firm Atlantic Street Capital said its portfolio company Lombart Instrument, a U.S. distributor of ophthalmic instruments, has acquired a fellow Canadian distributor.

Terms of Virginia-based Lombart's acquisition of INNOVA Medical Ophthalmics were not released.

The Toronto-based company markets and sells ophthalmic instruments, provides customer consultation services, and offers installation and maintenance/repair services to ophthalmologists and optometrists, primarily in Canada.

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