Brazos Private Equity Partners will acquire a stake in independent optometric franchising organization Kingwood, TX-based Vision Source from HIG Capital and Charlesbank Capital Partners.
The amount of the deal was not publicized.
Founded in 1991, the company offers its members attractive purchasing power, practice management assistance and professional development. It has a network of more than 2,300 franchises across Canada and all 50 U.S. states.
HIG and Charlesbank took their stake in Vision Source in May 2010, when they purchased TLC Vision, a Minneapolis-based provider of eye-care services after the company filed Chapter 11.
FinSMEs
11/11/2011