Sunvera Group

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.

Sunvera Group - overview

Established

2018

Location

Bingham Farms, MI, US

Primary Industry

Outsourcing

About

Sunvera Group, based in the US, provides administrative and growth solutions for eye care practices, focusing on enhancing clinical autonomy and patient access through a collaborative network of professionals and resources. Sunvera Group specializes in growth solutions for eye care practices, facilitating operational improvements and patient care. The company is led by CEO Greg Nodland. It has a total of three deals in its history, indicating active engagement in the healthcare sector.


The company does not have publicly known parent or subsidiary companies, nor have they mentioned any significant pivots or mergers in their operations. Sunvera Group specializes in providing comprehensive growth solutions for eye care practices, enhancing clinical autonomy while expanding patient access. Their robust network supports practices in delivering top-tier eye care services aimed at improving patient outcomes. Sunvera collaborates with practices to streamline operations and integrate innovative practices, allowing healthcare providers to focus on patient care.


The company primarily serves eye care professionals and their patients across the Great Lakes region, fostering a network that emphasizes collaboration and reliability. By partnering with like-minded industry leaders, Sunvera aims to create a patient-centered environment that prioritizes quality eye care and operational excellence. Sunvera Group operates on a partnership model that enables eye care practices to access various resources and support services, driving revenue growth through enhanced operational efficiencies. Transactions typically occur through strategic partnerships, where practices may engage in subscription-like agreements that provide access to Sunvera's growth solutions.


This structure allows for a collaborative approach in which practices benefit from resources without sacrificing their independence. Sunvera's client base includes multiple practices and providers, contributing to a diversified revenue stream as these partnerships foster a shared focus on advancing eye care. The company’s offerings facilitate a comprehensive ecosystem that supports both the operational and clinical needs of its partners. Sunvera Group is exploring the introduction of new products designed to enhance eye care services, though no specific release dates have been provided.


The company plans to expand its market reach beyond the Great Lakes region, aiming to establish a presence in additional states over the next few years. Recent funding, including an exit of Ridgemont Equity Partners from their stake, will be utilized to support these initiatives and enhance their service offerings to existing and new partners.


Current Investors

Ridgemont Equity Partners

Primary Industry

Outsourcing

Sub Industries

Human Resources Services, Optometrists & Opticians Products and Services

Website

www.sunveragroup.com/

Verticals

HealthTech

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Sunvera Group - 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-on, Trade SaleCompletedSunvera Group-
Add-onCompletedLaser Eye Institute-
Add-onAnnouncedFite Eye Center-
Add-onCompletedKellis Eye & Laser Center-
Add-onCompletedRohr Eye & Laser Center-

Displaying 1 - 5 of 6

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.