WESTBURY, N.Y.—Ophthalmic Consultants of Long Island (OCLI), a nationally known multi-specialty eyecare group based here, announced Tuesday a strategic relationship with Blue Sea Capital LLC, a private equity firm, that is designed to “position OCLI for continued expansion,” according to the announcement.

Financial terms of the deal, which is subject to customary closing conditions, were not disclosed.

Blue Sea has signed a definitive agreement for an investment into Spectrum Vision Partners, a management services organization formed to administratively support OCLI’s continued growth in the Long Island market and completion of future affiliations with leading eyecare providers in the Tri-State region and other geographies, according to the announcement.

Founded in 1997, OCLI is one of the leading ophthalmology practices in the United States, comprised of over 400 employees, a senior management team with over 170 years of industry experience, and 33 highly skilled eye surgeons in each major sub-specialty of eyecare. OCLI’s professional team also includes four optometrists, according to the announcement.

OCLI operates a network of 15 state-of-the-art locations across Nassau and Suffolk counties, including a brand new ophthalmic surgery center, Island Eye Surgicenter, with six operating rooms and the ability to perform over 20,000 cases per year.

All of OCLI’s physician partners will maintain their current roles and will hold significant ownership in Spectrum Vision Partners, according to the announcement. OCLI will continue to operate as ‘Ophthalmic Consultants of Long Island’ in its existing markets.

“After several years of diligently researching the eyecare market … we are thrilled to partner with the physicians of the OCLI organization in forming Spectrum Vision,” said Kaustuv Sen, a Blue Sea partner. “As a result of its clinical thought leadership, strong management team and leading market position in the largest city in the U.S., OCLI’s affiliation with Spectrum Vision creates an industry-leading platform.”