Goldman Sachs (GS - Get Report) is literally looking to get into the vision-care business.

West Street Capital Partners VII, a fund managed by the merchant banking division of Goldman, on Monday said it was buying Capital Vision Services, the company that manages MyEyeDr. optometry practices, from private-equity firm Altas Partners LP and the Province of Quebec's pension fund, Caisse de depot et placement du Quebec.

A price wasn't disclosed. But The Wall Street Journal, which first reported on the deal, said it was valued at $2.7 billion including debt.

Capital Vision supports independent optometrists and practices affiliated with the MyEyeDr. brand by providing them with financial, marketing, human-resources and accounting services. MyEyeDr., which has 575 practices in 18 states, also offers vision-care services and sells prescription eyeglasses and contact lenses.

The transaction is expected to close in the third quarter of 2019, subject to usual closing conditions and regulatory approvals.

Shares of Goldman Sachs were unchanged $182.50 on the New York Stock Exchange on Monday.

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