EyeCare Services Partners Holdings LLC
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EyeCare Services Partners Holdings LLC - overview
Established
2014
Location
Dallas, TX, US
Primary Industry
Healthcare Specialists
About
EyeCare Services Partners Holdings LLC is a provider of comprehensive eyecare solutions, offering personalized services through a network of affiliated clinics and practices across the United States. Founded in 2014 and headquartered in Dallas, US, EyeCare Services Partners specializes in eyecare solutions. The company has executed a total of 5 deals, with the most recent deal occurring on June 1, 2017. The firm was founded by Brett Katzen, with George Neal currently serving as CEO.
Eyecare Services Partners (ESP) specializes in delivering comprehensive eyecare solutions through a network of affiliated clinics and practices. Its core offerings encompass a range of personalized eyecare services, including routine eye examinations, surgical procedures such as cataract surgery, and advanced treatments for various eye conditions. The company prioritizes patient-centered care by enhancing accessibility through extended hours, convenient appointment scheduling, and strategically located clinics. ESP serves a diverse clientele, including individual patients seeking vision correction and specialized treatments, as well as healthcare providers looking to enhance their service offerings.
The geographical markets for ESP's operations extend beyond its headquarters in Dallas, TX, covering multiple regions across the United States, thereby catering to a broad demographic of patients and contributing to community eye care needs. Eyecare Services Partners generates revenue through a structured transactional model that includes partnerships with healthcare providers and direct services to consumers. The company’s financial framework is rooted in fee-for-service arrangements, where patients pay for specific treatments and consultations either directly or through insurance reimbursements. ESP's flagship offerings, which include comprehensive eye exams and surgical services, contribute significantly to its revenue stream.
The pricing structure is designed to be competitive within the market, ensuring that patients receive high-quality care while maintaining affordability. Revenue is further bolstered by the continued growth in patient volume, with ESP managing over 528,000 appointments and conducting more than 109,000 surgeries annually, reinforcing its position in the eyecare industry. EyeCare Services Partners has plans for future growth, focusing on expanding its geographic reach into new markets. Specific areas targeted for expansion are still under evaluation, with the intention to implement these plans following recent funding efforts.
The latest deal on June 1, 2017, where Varsity Healthcare Partners exited its stake in EyeCare Services Partners Holdings LLC, was a key moment in the company’s development, reflecting a strategic shift in its operational focus.
Current Investors
Varsity Healthcare Partners, Harvest Partners
Primary Industry
Healthcare Specialists
Sub Industries
Optometrists & Opticians Products and Services
Website
www.espmgmt.com
Total Amount Raised
Subscriber access only
EyeCare Services Partners Holdings LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Dr. Howard Jacobson, MD’s Ophthalmology Practice | - | ||||||||
| Unspecified Exit | Completed | EyeCare Services Partners Holdings LLC | - | ||||||||
| Secondary Buyout | Completed | EyeCare Services Partners Holdings LLC | - | ||||||||
| Private Debt | Completed | EyeCare Services Partners Holdings LLC | - | ||||||||
| Add-on | Completed | EyeCare Services Partners Holdings LLC | - |
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