Background: Primary Eye Care Center, P.C. (“Primary Eye Care Center”), headquartered in Bloomfield, CT, is a highly-regarded eye care practice with three locations and an ambulatory surgical center near Hartford, CT. The practice developed a strong network over its nearly 60-year history, drawing patients from immediate and surrounding counties.
Cassel Salpeter:
Served as financial advisor to the company
Ran a focused, competitive sales process, identifying and contacting private-equity backed strategic buyers
Successfully identified a strategic acquirer for the practice and worked closely with the physician owners to achieve an optimal transaction
Challenges:
Managing staffing and operational complexities
Ensuring that sellers’ post-transaction objectives were met
Maximizing and delivering value for the practice
Outcome:In June 2023, Primary Eye Care Center was acquired by ReFocus Management Services, LLC, (“ReFocus”). ReFocus is an eye care management services organization with locations across the Northeastern U.S. and is a portfolio company of Zenyth Partners.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_Primary-Eye-Care-Center.jpg321385Walker Matzkohttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngWalker Matzko2023-06-01 17:28:052024-05-03 17:59:26Primary Eye Care