Cassel Salpeter & Co., an independent investment banking firm that provides advice to middle-market companies in the U.S. and worldwide, represented Comprehensive Eye M.D., a highly regarded eye care specialist, in the company’s sale to Spectrum Vision Partners, LLC (Spectrum), an organization serving many of the top ophthalmology groups and ambulatory eye surgery centers in New York, New Jersey, Connecticut, and Pennsylvania, and a portfolio company of Blue Sea Capital, a private equity firm based in West Palm Beach, Florida.
“We are proud to have worked with Comprehensive Eye M.D., Dr. Marc Wietschner, and the Spectrum team. It took hard work, persistence, and expertise, but we found them the right partner to move forward within this transaction,” said Cassel Salpeter’s co-founder and chairman James Cassel.
Comprehensive Eye M.D.’s owner and founder Dr. Wietschner added: “We couldn’t be more thrilled to have teamed up with Cassel Salpeter. The expertise and professionalism shown by Cassel Salpeter in connection with this sale was second to none. They made the entire process as painless as possible, even through the difficulties brought on by the pandemic.”
The Cassel Salpeter team was led by co-founder and chairman James Cassel and Vice President Laura Salpeter. Comprehensive Eye M.D.’s attorneys were Douglas Menikheim, Benjamin Malerba, Scott Feuer, and Joseph DiBella of Rivkin Radler LLP, while Spectrum used David Manko, Peter Eggers, and Cyrus Abbassi of Proskauer Rose LLP as its legal counsel.
Cassel Salpeter would like to thank Greg Wappett of Spectrum, and Heidi Wietschner of Comprehensive Eye M.D. who worked diligently to expedite the transaction’s closing.
About Cassel Salpeter & Co., LLC
Cassel Salpeter & Co. is an investment banking firm with professionals who have more than forty years of financial experience. They deliver smart, straightforward advisory services to middle-market companies across America. With a thorough understanding of their clients’ industries and a keen sense of the economy, the Cassel Salpeter team provides independent, timely advice so clients can capitalize on a rapidly changing global environment. Headquartered in Miami, Florida, Cassel Salpeter is led by James Cassel and Scott Salpeter. Member FINRA and SIPC.