FYidoctors, the world’s largest optometrist-controlled eye care company, announced that L Catterton, the largest and most global consumer-focused private equity firm, has made a strategic minority equity investment in FYidoctors. FYidoctors management and optometrist shareholders will continue to hold a significant equity interest in the business. Terms of the transaction were not disclosed. Founded in 2005 and based in Calgary, Alberta, FYidoctors was started as a small group of independent eye doctors, focused on putting patients first. Today, the Company has grown into Canada’s largest eye care provider and has remained doctor-owned, doctor-led and patient-centric. With more than 500 optometrists, 250 locations and 2,700 employees, the Company provides complete eye care solutions that are customized to patients’ needs and lifestyles.
Read the full article: FYidoctors Partners with L Catterton on Landmark Deal //
Source: http://www.lcatterton.com/Press.html#!/LC-fyidoctors