Advisory Resources For Physicians

Private Equity Investor ShoreView Industries Enters Ophthalmology, Acquires California Retina Associates

Posted by Eric J. Yetter on Feb 1, 2019 12:49:45 PM
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Minneapolis-based ShoreView becomes the latest private equity investor in ophthalmology practices and surgery centers.

ShoreView Industries acquired California Retina Associates (“CRA”) in January 2019. CRA is a leading thirteen-physician group with its own ambulatory surgery center and offices in Chula Vista, La Mesa, and El Centro, California.

ShoreView follows in the steps of Quad-C Management (which acquired NJRetina) as the second private equity investor to enter the ophthalmology market with a major retina subspecialty practice acquisition.

This new partnership is further confirmation that the private equity community now views retina practices as valuable part of the continuum of care, with their own unique strengths and growth opportunities.

ShoreView Industries and California Retina Associates are expected to grow organically and via acquisition of practices in Southern California and the surrounding region.

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To learn more about private equity's rapidly expanding investment in ophthalmology, we invite you to download our New, Comprehensive 31-Page White Paper: The Physician Seller's Guide to Private Equity Firms Investing in Ophthalmology.

This White Paper contains:

  • A thorough analysis of platform growth and market development
  • A guide to private equity's platform management company structure
  • Maps of consolidation saturation across the United States
  • A comprehensive profile of each of the 20 firms actively investing in ophthalmology, including their regional presence and practice partnerships
  • Our five key expectations for future development

Click the link below to download a copy now.

Go To Physician Seller'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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Eric Yetter is Managing Partner at PhysiciansFirst Healthcare Partners, a boutique investment bank focused exclusively on physician-owned assets throughout the US. He can be reached at (615) 647-6805 or via e-mail at eyetter@physiciansfirst.com.

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