Minnesota Eye Consultants, PA

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Minnesota Eye Consultants, PA - overview

Established

1989

Location

-, MN, US

Primary Industry

Healthcare

About

Minnesota Eye Consultants is a specialized ophthalmology practice providing advanced eye care services, including LASIK and cataract surgeries, aimed at improving patient vision and quality of life. Founded in 1989 and headquartered in Bloomington, US, Minnesota Eye Consultants focuses on delivering comprehensive eye care. The firm has been involved in one notable deal, where in February 2017, it was acquired by Unifeye Vision Partners, a portfolio company of Waud Capital Partners. Richard Lindstrom, the founder, has a history of involvement in the eye care industry, contributing to its development and growth.


Minnesota Eye Consultants specializes in a comprehensive range of eye care services, primarily focusing on vision correction procedures and treatments. Their core offerings include LASIK surgery, cataract surgery, and various oculoplastic procedures. LASIK enhances patients' quality of life by reducing dependence on glasses or contact lenses, while cataract surgeries cater to those experiencing vision impairment. The practice also addresses conditions such as dry eye, glaucoma, and astigmatism, with tailored solutions for individual patient needs.


Serving a diverse clientele across the Minneapolis area, they extend services to patients from surrounding states seeking specialized eye care. Minnesota Eye Consultants generates revenue through a direct-to-consumer model, charging patients for surgical and non-surgical eye care services. Their revenue structure includes fees for LASIK surgery, cataract procedures, and other ophthalmic treatments, with pricing based on the complexity of each procedure. Partnerships with insurance providers and a preferred partner status with the Minnesota Vikings contribute to their patient base and financial sustainability, supporting ongoing initiatives in ophthalmology.


With the acquisition by Unifeye Vision Partners in 2017, Minnesota Eye Consultants plans to further develop its service offerings and expand into new markets. They aim to enhance their product lineup with innovative eye care solutions, although specific new products and release dates have not been disclosed. The recent acquisition is expected to provide the necessary resources to support these initiatives and facilitate growth in the Minneapolis area and beyond.


Current Investors

Unifeye Vision Partners

Primary Industry

Healthcare

Sub Industries

Hospitals, Optometrists & Opticians Products and Services

Website

www.mneye.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Minnesota Eye Consultants, PA - 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-onCompletedMinnesota Eye Consultants, PA-

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