EyeSouth Partners

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleAnnouncedEyeSouth Partners’ Retina Business-
Add-on, Trade SaleCompletedSunvera Group-
Secondary BuyoutCompletedEyeSouth Partners-
Add-onCompletedGeorgia Center for Sight-
Add-onCompletedClayton Eye Clinical Research, LLC-

Displaying 1 - 5 of 28

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.