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.
Provident Healthcare Partners