Advisory Resources For Physicians

PE in Optometry - Spotlight on Total ECP

Posted by Eric J. Yetter on Feb 12, 2019 7:59:18 PM
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ABOUT THE COMPANY

Total Eye Care Partners was founded in 2017 by a group of individuals with operational and investment experience in optometry and elsewhere in healthcare practice management. With financial backing from Imperial Capital (private equity based in Toronto, Canada), the group acquired its first practice – Gaddie Eye Centers of Louisville, KY.

Since then, Total Eye Care Partners completed a series of major acquisitions in 2018 including:


  1. Shady Grove Eye & Vision Care - March 2018 Rockville, Maryland 
  2. Gailmard Eye Center - April 2018 Munster, Indiana
   3. Omni Eye Specialists - June 2018 Wilmington, North Carolina
   4. Bladen Eye Center - June 2018 Elizabethtown, North Carolina
   5. Eyewear Gallery - July 2018 Memphis Tennessee
  6. Drs. Ditto & Musick Eye Care Center - July 2018 Nicholasville, Kentucky
  7. The Eye Center - August 2018 Conyers, Georgia
 8. Eye Doctors/Dry Eye Center of West Virginia - September  2018 Vienna, West Virginia
 9. Eye Designs - September 2018 Clinton, Maryland

 



Portfolio Locations

'17  Year Founded
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13 Approximate Locations
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07 States

Total ECP States Map



future goals and growth objectives

PhysiciansFirst Healthcare Partners expects Total Eye Care to continue growing rapidly in 2019 throughout the Eastern United States.

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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.

Request Copy

 
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