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Yukon Partners joins ShoreView, CRA to form administrative-services organization

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Yukon Partners joins ShoreView, CRA to form administrative-services organization

Yukon Partners Management LLC teamed up with ShoreView Industries LLC and the founders of California Retina Associates, or CRA, in the establishment of a new administrative-services organization for the ophthalmology company.

The newly formed organization will handle administrative and non-clinical support services for CRA and support the company in its growth initiatives and will pursue affiliations with other ophthalmology groups across the western U.S.

CRA, based in Southern California, is one of the largest retina surgery and ophthalmology groups. It functions across three clinical facilities.

Yukon, with offices in Minneapolis and Boston, supplies mezzanine capital, primarily to middle-market private equity transactions in the U.S. and Canada.

Minneapolis-based ShoreView, which oversees $900 million in funds, targets middle-market enterprises with operations in North America.