FYidoctors Announce Private Equity Partner Investment

Updated March 6, 2020

FYidoctors, today announced that Catterton, a large 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. While the terms of the transaction were not disclosed by the company, the Globe and Mail reports the equity investment is in excess of $100,000,000.

Founded in 2005 and based in Calgary, Alberta, FYidoctors now has a national network of  500 optometrists, 250 locations and 2,700 employees.  

The new partnership provides FYidoctors with both significant growth capital and expertise from Catterton, a firm that has built some of the most renowned brands, globally, including a special relationship with the luxury brand house LVMH. 

“It’s an absolute honour to partner with a firm of this calibre and is inspiring for everyone at FYidoctors,” said Dr. Alan Ulsifer, Chairman and CEO of FYidoctors.

According the announcement,Catterton has significant experience investing in leading consumer healthcare businesses. Current and previous investments include dentalcorp, Ideal Image, ClearChoice, Owndays, OdontoCompany, FEMME, Espaçolaser and PetVet Care Centers.

Click HERE for the full press release.

Featured Posts

EssilorLuxottica Board of Directors Pays Tribute to Leonardo Del Vecchio, Appoints New Chairman

EssilorLuxottica’s Board of Directors met today and paid homage to Chairman, Leonardo Del Vecchio, who passed away peacefully yesterday morning.

Learn More

CooperVision Research at NCC Elevates Clinical Care

Scientists Share New Findings in Presbyopia, Astigmatism, Myopia Management, and More

Read more

The Optical Metaverse

My Vision Show, the innovative platform that has provided thousands of eye care professionals a more accessible way to view and participate in live stream events has now taken their program to the next level.

Read more

EssilorLuxottica Announce Its Chairman Leonardo Del Vecchio Has Passed Away

The Company expresses its deepest condolences to the Family and to the global employee community for this enormous loss.

Read more

Transitions Appoints Mathieu Arsenault as Channel Marketing Manager, Canada

In this role, Arsenault will oversee responsibilities including developing and implementing key account marketing strategies that align with retailers and partners in Canada to build the Transitions® business, planning and managing consumer marketing and many more leading key initiatives.

Read more

EssilorLuxottica Board of Directors Pays Tribute to Leonardo Del Vecchio, Appoints New Chairman

EssilorLuxottica’s Board of Directors met today and paid homage to Chairman, Leonardo Del Vecchio, who passed away peacefully yesterday morning.

Learn More

CooperVision Research at NCC Elevates Clinical Care

Scientists Share New Findings in Presbyopia, Astigmatism, Myopia Management, and More

Read More

The Optical Metaverse

My Vision Show, the innovative platform that has provided thousands of eye care professionals a more accessible way to view and participate in live stream events has now taken their program to the next level.

Read More

EssilorLuxottica Announce Its Chairman Leonardo Del Vecchio Has Passed Away

The Company expresses its deepest condolences to the Family and to the global employee community for this enormous loss.

Read More

Transitions Appoints Mathieu Arsenault as Channel Marketing Manager, Canada

In this role, Arsenault will oversee responsibilities including developing and implementing key account marketing strategies that align with retailers and partners in Canada to build the Transitions® business, planning and managing consumer marketing and many more leading key initiatives.

Read More

EssilorLuxottica Board of Directors Pays Tribute to Leonardo Del Vecchio, Appoints New Chairman

EssilorLuxottica’s Board of Directors met today and paid homage to Chairman, Leonardo Del Vecchio, who passed away peacefully yesterday morning.

Learn More

CooperVision Research at NCC Elevates Clinical Care

Scientists Share New Findings in Presbyopia, Astigmatism, Myopia Management, and More

Read more

The Optical Metaverse

My Vision Show, the innovative platform that has provided thousands of eye care professionals a more accessible way to view and participate in live stream events has now taken their program to the next level.

Read more

EssilorLuxottica Announce Its Chairman Leonardo Del Vecchio Has Passed Away

The Company expresses its deepest condolences to the Family and to the global employee community for this enormous loss.

Read more

Transitions Appoints Mathieu Arsenault as Channel Marketing Manager, Canada

In this role, Arsenault will oversee responsibilities including developing and implementing key account marketing strategies that align with retailers and partners in Canada to build the Transitions® business, planning and managing consumer marketing and many more leading key initiatives.

Read more

EssilorLuxottica Board of Directors Pays Tribute to Leonardo Del Vecchio, Appoints New Chairman

EssilorLuxottica’s Board of Directors met today and paid homage to Chairman, Leonardo Del Vecchio, who passed away peacefully yesterday morning.

Learn More

CooperVision Research at NCC Elevates Clinical Care

Scientists Share New Findings in Presbyopia, Astigmatism, Myopia Management, and More

Read more

The Optical Metaverse

My Vision Show, the innovative platform that has provided thousands of eye care professionals a more accessible way to view and participate in live stream events has now taken their program to the next level.

Read more

EssilorLuxottica Announce Its Chairman Leonardo Del Vecchio Has Passed Away

The Company expresses its deepest condolences to the Family and to the global employee community for this enormous loss.

Read more

Transitions Appoints Mathieu Arsenault as Channel Marketing Manager, Canada

In this role, Arsenault will oversee responsibilities including developing and implementing key account marketing strategies that align with retailers and partners in Canada to build the Transitions® business, planning and managing consumer marketing and many more leading key initiatives.

Read more