EyeSouth Partners
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EyeSouth Partners - overview
Established
2017
Location
Atlanta, GA, US
Primary Industry
Healthcare Specialists
About
EyeSouth Partners, based in the US, is a premier network of integrated eye care practices providing comprehensive medical and surgical eye care services across multiple states. Founded in 2017 and headquartered in Atlanta, US, EyeSouth Partners operates as a network of integrated eye care practices, focusing on enhancing operational efficiency for affiliated ophthalmology practices. The company has completed 2 deals, with the most recent transaction occurring on September 7, 2022, when Olympus Partners agreed to acquire EyeSouth from Shore Capital Partners. CEO Rex Adams leads the firm.
EyeSouth Partners operates a comprehensive network of 43 affiliated practices with 335 doctors across 250 locations, including 25 surgery centers in states like Georgia, Texas, Louisiana, Florida, and North Carolina. Their services encompass routine and specialized ophthalmology needs, including refractive surgery and cataract procedures, allowing partner physicians to focus on delivering quality care while leveraging EyeSouth's operational support. EyeSouth Partners generates revenue by overseeing the business operations of affiliated ophthalmology practices, enabling these medical professionals to maintain their brand identity while benefiting from enhanced financial performance through resource sharing. This partnership model supports revenue cycle management and marketing, contributing to increased patient visits and demand for services.
The company has achieved a notable annual growth rate, reflecting the successful application of its physician-led operational model. Following the acquisition by Olympus Partners in September 2022, EyeSouth Partners aims to bolster its growth trajectory. The recent funding will support initiatives aimed at expanding into new markets and regions. While specific upcoming product launches are not detailed, the acquisition is expected to facilitate the company's entry into additional geographic areas, enhancing its service reach and operational capabilities.
Current Investors
Olympus Partners, Shore Capital Partners
Primary Industry
Healthcare Specialists
Sub Industries
Optometrists & Opticians Products and Services
Website
www.eyesouthpartners.com/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
EyeSouth Partners - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Announced | EyeSouth Partners’ Retina Business | - | ||||||||
| Add-on, Trade Sale | Completed | Sunvera Group | - | ||||||||
| Secondary Buyout | Completed | EyeSouth Partners | - | ||||||||
| Add-on | Completed | Georgia Center for Sight | - | ||||||||
| Add-on | Completed | Clayton Eye Clinical Research, LLC | - |
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