ABOUT THE COMPANY
MrEyeDr. was founded in 2001 by a group of optometrists and the group’s current CEO, Sue Healey Downes. Dr. Robert Samit had achieved prior success with his Hour Eyes group (sold to Eye Care Centers of America in 1997) and Millenium Laser Eye Centers (sold to TLC). The group approached MyEyeDr. as a different kind of business that was more doctor-driven.
Since its founding, MyEyeDr. has grown primarily through organic location openings and the acquisition of community eye care practices. The company focuses on three “pillars” of optometric practice: 1) Healthcare; 2) Practice Management; and 3) Retail – providing resources to its partnered practices in each area.
The company grew quickly with private equity backing until it was acquired by Atlas Partners (private equity) and CDPQ (a Canadian pension fund) in 2015. MrEyeDr. now has locations in eighteen states and the District of Columbia.
LOCATIONS By State
|3. District of Columbia||6|
|12. North Carolina||81|
|14. South Carolina||9|
|19. West Virginia||5|
'01 Year Founded
19 States Including The District of Columbia
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.
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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.