News

The merchant-banking division of Goldman Sachs Group Inc. is buying the company that manages MyEyeDr. optometry practices from private-equity firm Altas Partners LP and Canadian pension fund Caisse de dépôt et placement du Québec. The deal for Capital Vision Services LP is valued at $2.7 billion, including debt, and is expected to be announced on Monday, according to people familiar with the matter.

West Street Capital Partners VII, a fund managed by the Merchant Banking Division of Goldman Sachs (“GS MBD”), Altas Partners (“Altas”) and Caisse de dépôt et placement du Québec (“CDPQ”) announced today their entry into a definitive agreement under which GS MBD will acquire Capital Vision Services, LP (“CVS”) from Altas and CDPQ. CVS, which provides management services to MyEyeDr.

CANADIAN GRADUATES OF ST. GEORGE’S UNIVERSITY’S MEDICAL SCHOOL EXPERIENCE HIGH MATCHING RATES, OPPORTUNITIES GLOBALLY AND ACROSS NORTH AMERICA When Vancouver-born Jonathan Phang had completed his undergraduate degree at McGill University in Montreal, he began applying to Canadian and U.S. medical schools. Not initially accepted, he pondered what to do next and considered getting his master’s degree.

Altas Partners has completed its previously announced acquisition of the University of St. Augustine for Health Sciences (USAHS), a leading graduate health sciences academic institution. Founded in 1979, USAHS currently educates its students through its network of campuses in San Marcos, California; St. Augustine, Florida; Austin, Texas; and Miami, Florida, and through its online programs.

Altas Partners today announced that it has completed the sale of NSC Minerals Ltd. (“NSC” or the “Company”), a market-leading provider of salt products in Western Canada and the North Central United States. Financial terms of the transaction were not disclosed.

LONG-TERM INVESTOR ALTAS PARTNERS CLOSES IN ON Q4 DEAL TRIFECTA Altas Partners, a pioneer of long-life investing, will soon conclude its busiest quarter to date, wrapping up three transactions — two of them years in the making. Last month, the Toronto private equity firm closed its acquisition of commercial-roofing contractor Tecta America from ONCAP.