INSIGHT

Q2-2019 Ophthalmology Update

Ophthalmology continues to be at the forefront of consolidation activity within physician services, with two more private equity firms investing in the sector in the second quarter of 2019. Over two dozen groups have taken on institutional capital over the last two and a half years, and with the concept of private equity gaining more traction within the ophthalmology community, transaction volume is expected to remain at elevated levels throughout the second half of the year and into the foreseeable future. As the market continues to evolve and mature, Provident expects to start to see the more established private-equity backed platforms trade hands with larger private equity groups looking to invest in the highly sought after sector with the potential of mergers among private equity-backed consolidators.​

To print and download the full Ophthalmology Update report, please click below…

 

Sources: SEC Filings; Company Press Releases, and Reports; IBISWorld; Capital IQ; PHP Estimates and Research. This document has been compiled with publicly available information. Provident Healthcare Partners, LLC makes no guarantee of its accuracy or completeness. No data or statement should be construed to be a recommendation for the purchase, sale, or retention of any security.
  • “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.”

  • “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.”

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

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

  • “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.”

  • ”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.”