Keplr Vision, a private-equity-owned business that provides operational support to optometry practices across the U.S., has been exploring options including a sale, The Wall Street Journal reports, citing people familiar with the matter. Backed by Toronto-based private-equity firm Imperial Capital Group, the Bloomington, Ill., company has been working with investment bank Houlihan Lokey. Keplr is projected to have adjusted earnings before interest, taxes, depreciation and amortization of about $100 million this year, according to the people. If reached, a deal could be valued around $1.8 billion. Read more.
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