MyEyeDr.
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.
MyEyeDr. - overview
Established
2001
Location
Vienna, VA-Virginia, US
Primary Industry
Healthcare Specialists
About
Capital Vision Services, LP doing business as MyEyeDr. , is a US-based firm that provides operational and administrative support to doctor-owned optometry practices, enabling them to enhance patient care and management efficiency. Capital Vision Services, LP, founded in 2001, specializes in supporting doctor-owned practices in the optometry sector. The company is headquartered in Vienna, US.
Recently, in June 2019, a consortium led by Goldman Sachs Merchant Banking Division and Charlesbank Capital Partners acquired Capital Vision Services for USD 2. 7 billion from its previous owners, Altas Partners, Andell Holdings, and Caisse de dépôt et placement du Québec. Crystal Cpoa, Keith Engler, and Sue Downes serve as the CEOs, guiding the company's strategic initiatives. The firm has completed a total of 4 deals since its inception.
Capital Vision Services, LP specializes in providing comprehensive administrative and operational support to doctor-owned practices in the optometry sector. By streamlining practice management, the company enables affiliated professionals to focus on delivering high-quality patient care without the burden of operational complexities. Their primary offering includes customized patient care solutions through affiliated MyEyeDr. practices, ensuring that optical needs are met with exceptional professional attention.
The company serves a diverse clientele, including individual practitioners and larger optometric groups across various geographical markets, ensuring that patients receive tailored optical services. These services are designed to enhance patient experience and improve practice efficiency, positioning Capital Vision Services as a pivotal player in the healthcare support industry. The revenue model for Capital Vision Services is structured around partnerships with affiliated optometric practices, facilitating a streamlined approach to patient care and practice management. The firm reported a revenue of USD 490.
00 mn in its most recent year, 2017. Revenue is generated from fees associated with management services, as well as potentially from performance-based incentives linked to the success of affiliated practices. Overall, the company's business transactions emphasize a collaborative model that strengthens the operational efficacy of its clients while focusing on patient-centered care. The recent acquisition in June 2019 is expected to facilitate Capital Vision Services' expansion and innovation strategies.
While specific upcoming products or services have not been detailed, the company is likely focusing on enhancing its management solutions for its affiliated practices. The funding from the recent deal will be utilized to strengthen its operational capabilities and potentially enter new markets, although specific regions or markets for this expansion have not been disclosed.
Current Investors
Charlesbank Capital Partners, Goldman Sachs Asset Management
Primary Industry
Healthcare Specialists
Sub Industries
Optometrists & Opticians Products and Services
Website
www.capitalvisionservices.com/
Company Stage
Mature
Total Amount Raised
Subscriber access only
MyEyeDr. - 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, Corporate Carve Out, Trade Sale | Completed | EyeCare Partners LLC’s Optometry Division | - | ||||||||
| Secondary Buyout | Completed | MyEyeDr. | - | ||||||||
| Secondary Buyout | Completed | MyEyeDr. | - | ||||||||
| Unspecified Exit | Completed | MyEyeDr. | - | ||||||||
| Add-on | Completed | Eye Care Associates | - |
Displaying 1 - 5 of 7
MyEyeDr. - employee data


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.