International Eyecare Center
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International Eyecare Center - overview
Established
1981
Location
-, IL, US
Primary Industry
Healthcare Specialists
About
International Eyecare Center is a provider of comprehensive eye care services, focusing on personalized eye examinations, treatment of eye diseases, and fashionable eyewear solutions to enhance patients' vision and eye health. Founded in 1981 in Quincy, US, International Eyecare Center specializes in eye care services, including routine examinations and contact lens fittings. The company was acquired by Acuity Eyecare Holdings, a portfolio company of Riata Capital Group, in March 2017. Details about the founder’s background and other companies they may have founded are not available.
International Eyecare Center (IEC) specializes in providing comprehensive eye care services through a range of core offerings that include routine eye examinations, diagnosis and treatment of eye diseases, personalized contact lens fittings, and fashionable eyewear solutions. These services cater to various vision-related needs, ensuring that patients receive tailored care based on their unique requirements. IEC serves a diverse client base across the states of Missouri, Illinois, and Iowa, catering to individuals of all ages seeking quality vision care. The company utilizes advanced technologies and innovative methodologies to enhance the eye care experience, demonstrating its commitment to patient satisfaction and health outcomes.
The revenue model of International Eyecare Center primarily derives from direct interactions with clients through services rendered at its physical locations. Transactions typically involve patients making appointments for eye examinations, during which optometrists evaluate their vision and recommend appropriate corrective measures, including eyeglasses or contact lenses. Additionally, IEC offers branded eyewear and contact lens solutions, which are sold directly to consumers. The pricing structure for services and products is structured around the comprehensive eye examinations and specialized treatments, with specific packages tailored to accommodate different patient needs.
This transactional framework supports a steady flow of revenue while fostering long-term relationships with patients through ongoing vision care. As of March 31, 2017, following the acquisition by Acuity Eyecare Holdings, International Eyecare Center is exploring growth opportunities through potential new product launches and expansion into additional geographic regions. Specific markets targeted for expansion have not been disclosed. The investment from the acquisition may facilitate these initiatives, although the detailed rationale for this funding has not been provided.
Current Investors
Acuity Eyecare Holdings, LLC
Primary Industry
Healthcare Specialists
Sub Industries
Optometrists & Opticians Products and Services
Website
www.iec2020.com
Verticals
HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
International Eyecare Center - 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 | International Eyecare Center | - |
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