MEC_2Minnesota Eye Consultants, PA (MEC) has completed a recapitalization with Waud Capital Partners, LLC to form United Vision Partners Holdings, LLC. MEC is a provider of primary eye care and surgical eye care services in the Minneapolis-Saint Paul metropolitan area. MEC operates out of six locations, four of which are laser and refractive eye centers and include Ambulatory Surgery Centers. Provident Healthcare Partners served as exclusive financial advisor to MEC. The terms of the transaction were not disclosed.

“The partners, leadership and employees of Minnesota Eye Consultants are excited about the next stage of opportunity provided by this partnership. We have worked hard with both Waud Capital and Provident Healthcare Partners to structure this in a manner that will be good for our patients, the eye care community, and our employees.” commented David R. Hardten, MD, one of the founding partners of Minnesota Eye Consultants.

“Minnesota Eye Consultants has developed an industry-leading clinical reputation as one of the premier ophthalmology groups in the country. The organization is poised for strong growth and an expansion of its best practices through leveraging Waud Capital’s portfolio expertise and relationships in the eye care industry,” noted Eric Major, Senior Associate at Provident Healthcare Partners.

About Minnesota Eye Consultants
Minnesota Eye Consultants, founded in 1989 by Dr. Richard Lindstrom, is solely focused on the delivery of eye care services. The Company’s core competencies include refractive surgery, cataract and implant surgery, glaucoma treatment and surgery, cornea treatment and surgery, consultative ophthalmology, optometry, oculoplastics, specialty contact lens fitting and optical services. For more information, please visit

About Waud Capital
Founded in 1993, Waud Capital Partners is a leading middle-market private equity firm that partners with exceptional management teams to create, acquire, and/or grow companies that address significant, inefficient, highly fragmented and underserved industry segments. Waud invests primarily through control-oriented growth equity investments, industry consolidations, buyouts or recapitalizations and seek companies that generate strong cash flow and can be grown both organically and through add-on acquisitions. For more information, please visit

About Provident Healthcare Partners
Provident is the leading investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for middle-market and emerging growth healthcare companies. The firm has a vast network of high-level, senior industry contacts, comprehensive knowledge of market sectors and specialties, and unsurpassed experience and insight into the M&A process. Provident uncovers value and opportunities that others often overlook to create transaction premiums for its clients. For more information, visit the Provident website

Provident Healthcare Partners
Gina Casiello


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

  • “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.”

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

  • ”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.”

  • “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.”

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