Add-on Acquisition • Distribution

Advancing Eyecare Acquires Veatch

On November 11, 2022, Advancing Eyecare acquired distribution company Veatch

Acquisition Context
  • This is Advancing Eyecare’s 1st transaction in the Distribution sector.
  • This is Advancing Eyecare’s 5th transaction in the United States.
  • This is Advancing Eyecare’s 1st transaction in Arizona.

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M&A Deal Summary

Date November 11, 2022
Target Veatch
Sector Distribution
Buyer(s) Advancing Eyecare
Deal Type Add-on Acquisition

Target Company

Veatch

Tempe, Arizona, United States
Veatch is a distributor of ophthalmic equipment. Veatch was founded in 1988 and is based in Tempe, Arizona.
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Buyer Overview 1

Buyer

Advancing Eyecare

Jacksonville, Florida, United States

Category Company
Founded 2019
Sector Medical Products
DESCRIPTION

Advancing Eyecare is an operator of diagnostic ophthalmic equipment company established to offer the products and service solutions in the ophthalmic equipment industry. Advancing Eyecare was founded in 2019 and is based in Jacksonville, Florida.


Deal Context for Buyer #
Overall 5 of 5
Sector: Distribution 1 of 1
Type: Add-on Acquisition 3 of 3
State: Arizona 1 of 1
Country: United States 5 of 5
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 Santinelli International

Hauppauge, New York, United States

Santinelli International is a distributor of optical finishing equipment in the United States. The company also provides thousands of supplies to eyecare practitioners through Sios Optical, their optical supply and accessories division. Santinelli International was formed in 1973 and is based in Hauppauge, New York.

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