MidSouth Premier Ophthalmics

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MidSouth Premier Ophthalmics - overview

Established

1976

Location

Brentwood, TN, US

Primary Industry

Healthcare Specialists

About

MidSouth Premier Ophthalmics provides specialized digital solutions aimed at enhancing operational efficiency and customer engagement across various industries, including retail and healthcare. Founded in 1976 and headquartered in Brentwood, US, MidSouth Premier Ophthalmics focuses on delivering innovative ophthalmic solutions. The company was acquired by ABB/Con-Cise in October 2016, a portfolio company of New Mountain Capital. The details of the financial terms of the acquisition were not disclosed.


Divopt. com specializes in providing digital solutions tailored to enhance operational efficiency and customer engagement for various industries. The company's core offerings include a suite of cloud-based tools designed to streamline business processes, improve data management, and facilitate communication between businesses and their clientele, focusing on small to medium-sized enterprises in retail, healthcare, and technology across North America and select European and Asian markets. Divopt.


com generates revenue through a subscription-based model, allowing clients to access its suite of products and services on a recurring basis. This structure involves monthly or annual fees based on client needs. Partnerships with larger enterprises may also exist, offering tailored solutions integrated into existing infrastructures, with pricing plans accommodating both small businesses and larger organizations. Since the acquisition in October 2016, MidSouth Premier Ophthalmics has focused on developing new ophthalmic products targeted for launch in the upcoming year, with an emphasis on expanding into the European and Asian markets by 2025.


The recent acquisition provides additional resources to support these product development initiatives.


Current Investors

ABB OPTICAL GROUP

Primary Industry

Healthcare Specialists

Sub Industries

Optometrists & Opticians Products and Services

Website

www.divopt.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

MidSouth Premier Ophthalmics - 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)
Add-onCompletedMidSouth Premier Ophthalmics-

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