Northeast Ohio Eye Surgeons Inc.
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Northeast Ohio Eye Surgeons Inc. - overview
Established
1982
Location
Stow, OH, US
Primary Industry
Healthcare Specialists
About
Northeast Ohio Eye Surgeons Inc. provides specialized eye care, focusing on advanced surgical and non-surgical procedures including LASIK and cataract surgeries, to enhance patients' visual health across multiple Ohio regions. Founded in 1982 and headquartered in Stow, Ohio, Northeast Ohio Eye Surgeons Inc. is dedicated to delivering comprehensive eye care services.
The company has undergone operational changes but there are no known pivots in strategy. The current CEO is Katie Greiner. In May 2019, the firm was acquired by Alpine Investors, with financial terms undisclosed, to enhance the newly formed Midwest Vision Partners, LLC. Northeast Ohio Eye Surgeons specializes in comprehensive eye care, offering advanced surgical and non-surgical services.
Their core offerings include LASIK and cataract surgery that utilize the latest laser technologies to improve vision. They also address common eye conditions such as glaucoma and retinal disorders while providing routine eye exams, contact lens fittings, and a selection of optical products across Ohio, specifically serving Akron, Canton, Kent, Medina, North Canton, Stow, and Wadsworth. The revenue of Northeast Ohio Eye Surgeons is primarily generated through direct-to-consumer transactions related to surgical and eye care services, particularly LASIK and cataract procedures. Patients typically engage in a process including consultations and surgeries, often financed through payment plans.
Additional revenue is derived from the sale of optical products in their affiliated centers, with a commitment to transparency in pricing and billing. Following its acquisition in May 2019, Northeast Ohio Eye Surgeons aims to leverage support from Midwest Vision Partners, LLC, to further develop its services. Future growth will focus on enhancing existing surgical offerings and expanding market reach within Ohio. Specific new product designs and planned launches are expected to be rolled out as part of this strategy, although detailed timelines are not yet disclosed.
Current Investors
Midwest Vision Partners, LLC
Primary Industry
Healthcare Specialists
Sub Industries
Clinics/Outpatient Services, Optometrists & Opticians Products and Services
Website
www.neohioeyes.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Northeast Ohio Eye Surgeons Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Northeast Ohio Eye Surgeons Inc. | - | ||||||||
| Merger | Completed | Northeast Ohio Eye Surgeons Inc., Ohio Eye Care Consultants Llc | - |
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