INSIGHT

Eye Surgery Associates (“ESA”), one of the leading comprehensive eye care providers South Florida, has entered into a strategic partnership with EyeCare Services Partners Management, LLC (“ESP”), the leading national provider of integrated eye care services. ESP is a portfolio company of Harvest Partners. Eye Surgery Associates is one of the largest multi-subspecialty ophthalmology practices in Broward County, with offices in Hollywood, Weston, Pembroke Pines, and Miami, and has been serving these communities for over 30 years. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to ESA. The terms of the transaction were not disclosed.

“Choosing a PE partner is a long and detailed process, where you need experts to guide you past the speed bumps that will be encountered. Provident did an excellent job in representing the practice and finding the best possible options available. Our group was extremely appreciative of their knowledge and skill, and they were always accessible to answer questions. We would not have completed our deal without their help,” stated Mark Dorfman MD, Managing Partner of Eye Surgery Associates.

“Eye Surgery Associates expands ESP’s multispecialty footprint in South Florida, while also adding a significant presence in pediatric ophthalmology. The partnership is a perfect fit,” commented Eric Major, Vice President at Provident.

About Eye Surgery Associates
The physicians at Eye Surgery Associates are dedicated to providing the highest quality eye care and are board certified ophthalmologists trained at some of the most prestigious academic centers in the United States, including The Bascom-Palmer Eye Institute, Johns Hopkins, Northwestern University, New York Medical College, Baylor University, and the University of Florida. The practice includes 11 ophthalmologists and an optometrist. For more information, visit http://www.browardeyedoctors.com/.

About EyeCare Services Partners
ESP is creating the nation’s leading integrated eye care services company, in both quality and scale. With over 200 providers and nearly 100 practice and surgery center locations in seven states and the District of Columbia, ESP provides a patient centric model that delivers outstanding care and quality outcomes through its network of providers and staff. For more information, visit https://www.espmgmt.com.

About Provident Healthcare Partners
Provident is the leading 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 the eye care sector. Provident also has unsurpassed experience and insight into the M&A process, which includes working with both strategic and private equity buyers. For more information, visit www.providenthp.com.

Contact:
Provident Healthcare Partners
Gina Casiello
877-742-9800

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  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”