Provident Healthcare Partners (“Provident”), a leading healthcare investment banking firm, announced that it has advised Texan Eye and Eye LASIK Austin in their partnership with Comprehensive EyeCare Partners (“CompEye”). Texan Eye and Eye LASIK Austin have provided comprehensive eye care and specialty laser eye surgery services to patients in the Greater Austin and Cedar Park regions for over 25 years. The terms of the transaction were not disclosed.
“Initiating and completing a Private Equity transaction can be a daunting and complex process. Provident proved to be a very valuable guide and partner in navigating the entire process for Texan Eye. Provident provided our doctors and administration tireless guidance and support with a breadth of knowledge and skill that is unmatched in the industry,” noted Dr. Tom Walters, Principal at Texan Eye.
“Texan Eye is the leading independent ophthalmology practice in the Greater Austin area. The partnership with CompEye represents the platform’s entry point into the Texas market, providing the opportunity for the combined organizations to fully realize the significant growth potential in the region,” stated Eric Major, Managing Director at Provident.
About Texan Eye
Texan Eye has been serving Central Texas for more than 25 years, treating patients with multi-specialty medical and surgical eye care including cataract surgery, LASIK, glaucoma, corneal disorders, retina disorders and other ophthalmic disorders. Texan Eye has 12 ophthalmologists and five optometrists and is recognized nationally and internationally as leaders in the field of cataract and refractive surgery. Texan Eye provides services through 3 locations and one surgery center. For additional information, visit https://texaneyecare.com.
About Comprehensive EyeCare Partners
CompEye is one of the largest vision care management services organizations in the country and is headquartered in Las Vegas, Nevada. CompEye provides best-in-class, full-spectrum practice management and administrative services to its affiliated physicians and practices in support of its mission to deliver clinical excellence. CompEye currently provides support services to 87 doctors, 41 clinics, and seven ambulatory surgery centers across nine practices with locations in Nevada, Utah, Texas, and Washington. For additional information, visit https://comp-eyecare.com/.
About Provident Healthcare Partners
Provident is a leading healthcare investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for healthcare companies. The firm has a comprehensive knowledge of market sectors and specialties, including a significant track record of success within eye care services. Provident also has unsurpassed experience and insight into the M&A process, which includes working with a number of buyers such as private equity firms and strategic consolidators. For additional information, visit www.providenthp.com or follow on LinkedIn.
Provident Healthcare Partners
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