JACKSONVILLE, Fla.—Advancing Eyecare (AEC), a provider of ophthalmic instruments in North America, has announced the acquisition of Eyefficient, an Ohio-based supplier of ophthalmic instruments dedicated to supporting eyecare professionals, third-party distributors and independent sales representatives. Financial terms of the transaction were not disclosed, the company said. Eyefficient offers a curated product portfolio of equipment to customers across the ophthalmic marketplace. With a shared mission of offering premium products and best-in-class customer service, Eyefficient will now benefit from AEC’s established and reliable infrastructure to provide expanded support and services to its customers and partners, according to the announcement.

AEC said it owns multiple market-leading brands in eyecare instrumentation, offering a single-source for ophthalmic equipment and services to a diversified customer base that includes independent eyecare practitioners, national chains, hospitals and teaching institutions. Led by an experienced leadership team, AEC has one of the largest and most experienced sales and service teams in the industry, according to the company.

In 2022, AEC partnered with Cornell Capital, a U.S.-based private investment firm, to drive growth, expand the company’s reach and further enhance AEC’s ability to provide high-quality, innovative products and services to eyecare professionals nationwide, the announcement said. The addition of Eyefficient to AEC’s portfolio strengthens its leadership position in the eyecare instrumentation ecosystem, and subsequently allows Eyefficient to better serve its distributors, AEC said.

“Eyefficient has a long history of providing a unique line of exceptional quality instruments and equipment to the ophthalmic marketplace. Together, we will be able to provide third-party distributors and independent sales representatives a more comprehensive selection of technology, along with best-in-class support services,” said Jim McGrann, chief executive officer of AEC.

“We’re pleased to partner with AEC to enhance our product offering and continue delivering high-quality, easy-to-use equipment to our distributors and sales representatives on an even larger scale,” said Mark Newkirk, CEO of Eyefficient. “This partnership allows us to expand our best-in-class installation and repair service offering and we look forward to working with the talented AEC team, who shares our customer-first approach. I am confident we will be better together.”