Advisory Resources For Physicians

PE in Optometry - Spotlight on EyeCare Partners

Posted by Eric J. Yetter on Feb 12, 2019 8:10:34 PM
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ABOUT THE COMPANY

EyeCare Partners is the only major optometric practice management company that is also investing in ophthalmology practices. The company was founded with FFL Partners’ initial 2015 investment in Clarkson EyeCare, a large optometry/ophthalmology practice in St. Louis, MO. Since then, EyeCare Partners has grown quickly and acquired additional platforms and practices in ophthalmology and optometry.

Supplementing their large number of optometry practices, EyeCare Partners aggressively broadened their footprint in 2018 through the acquisition of six eye care providers with ophthalmology services in their targeted geographies as shown below:


  1. Alabama Vision Center - March 2018 Birmingham, Alabama
  2. The Ophthalmology Group - March 2018 Paducah, Kentucky
   3. McPeak Vision Partners - October 2018 Bowling Green, Kentucky
   4. Bennett & Bloom Eye Centers - October 2018 Louisville, Kentucky
   5. John-Kenyon Eye Centers - October 2018 Louisville, Kentucky
  6. Holcomb Laser Center - November 2018 Cullman, Alabama

 



Portfolio Locations

'15  Year Founded
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250 Approximate Locations
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10 States

ECP Map



future goals and growth objectives

The company seeks to grow its optometry and ophthalmology platform, both organically and via acquisition, throughout the Midwest and Southeastern United States. EyeCare Partners is highly focused on growth and revenue synergies as part of its acquisition strategy, creating integrated networks that offer higher quality care.

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This article is an excerpt from our New White Paper: The Practice Owner's Guide to Private Equity Firms Investing in Optometry.

This White Paper contains an in-depth review of the four major private equity backed Practice Management Companies investing in Optometry across the United States. We detail the history of each company, practice ownership, geographic focus, and future growth objectives and conclude with our key expectations for the future development of this vertical.

Click the link below to download a copy now.

Go To Practice Owner's Guide Download

 
CONTACT PHYSICIANSFIRST HEALTHCARE PARTNERS

Want to learn more? Contact our Leadership at PhysiciansFirst Healthcare Partners, read our blog or listen to our podcasts for more information about practice and surgery center acquisitions. We’re one of the few investment banks devoted entirely to physicians. 

PERSONALIZED VALUATION CONSULTATION

Physicians interested in understanding what elements drive private equity transaction prices and seeking a shorthand estimate of what buyers are likely to offer for their practice and post-sale preferences should contact me directly with no obligation. See contact info below.

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nullEric Yetter is Managing Partner at PhysiciansFirst Healthcare Partners - a boutique investment bank focused on physician-owned assets. He can be reached at (615) 647-6805 or via e-mail at eyetter@physiciansfirst.com.

 

Topics: Private Equity, Physician Practice Mergers and Acquisitions, Optometry