• Eric J. Yetter

EyeCare Partners - Buyer Spotlight


PE Firm


EyeCare Partners was founded in 2015 when private equity firm FFL Partners acquired Clarkson EyeCare and several other larger, predominately optometry practices. FFL Partners was one of the first groups to enter the vision care space and did so with some very large acquisitions.


EyeCare Partners was recapitalized by private equity firm Partners group in early 2020.


Activity


EyeCare Partners has grown aggressively across optometry and ophthalmology since 2015. It is likely the most evenly weighted between optometry and ophthalmology within the larger vision practice management space, with a large number of both practice types. We do not track optometry practice acquisitions, but have counted 21 ophthalmology acquisitions. EyeCare Partners does not disclose some of its acquisitions, so the number may be higher.


Geography


EyeCare Partners has a fairly national focus and operates practices in the Northeast, Midwest, South, and Southwest regions. Its initial concentration was in the Midwest and the company has grown from there. EyeCare Partners has less density in specific areas than some of the other management companies.


Transaction List (Ophthalmology)


Epic Vision; Oklahoma City, OK

Eye Care Oklahoma; Oklahoma City, OK

Precision Vision; Oklahoma City, OK

EyeCare Associates of East Texas; Tyler, TX

Corrective Eye Center of Northeast Ohio; Willoughby Hills, OH

Arizona Eye Institute & Cosmetic Laster Center of Phoenix; Phoenix, AZ

Vitreous Retina Macula Specialists of New Jersey; Somerset, NJ

The Retina Clinic; Mine Hill, NJ

Patel Retina; Clarks Summit, PA

Associated Retinal Consultants; Royal Oak, MI

Grene Vision Group; Wichita, KS

Holcomb Laser Center; Cullman, AL

McPeak Vision Partners; Bowling Green, KY

Bennett & Bloom Eye Centers; Louisville, KY

John-Kenyon Eye Centers; Louisville, KY

Alabama Vision Center; Birmingham, AL

The Ophthalmology Group; Paducah, KY Quantum Vision Centers aka Illinois Eye Surgeons; East St. Louis, IL

Ophthalmology Consultants; St. Louis, MO

Clarkson EyeCare; St. Louis, MO


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Securities Products and Investment Banking Services are offered through Ashland Securities, LLC. Supervised by the Home Office, located at 80 S.W. 8th Street, Suite 2000 Miami, Florida 33130. Phone Number 305-279-3176. Member FINRA SIPC. Please refer to BrokerCheck for more information about Ashland Securities, LLC. Physicians First and Ashland Securities, LLC are separate and unaffiliated entities.