The Eye Health Group, LLC

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The Eye Health Group, LLC - overview

Location

-, NJ, US

Primary Industry

Healthcare Specialists

About

The Eye Health Group, LLC specializes in delivering comprehensive optometric services, focusing on advanced eye care solutions to meet diverse vision needs in the NJ/NY metropolitan area. The Eye Health Group (TEHG) provides a wide range of optometric services. Founded by Randy Nissinoff, the company has undergone strategic improvements to enhance its service offerings. TEHG is headquartered in the United States and has initiated a deal with Beverly Capital in February 2021 to support its expansion plans.


The Eye Health Group (TEHG) specializes in comprehensive optometric services, providing a range of eye care solutions designed to address various vision needs. Their core offerings include thorough eye examinations, treatment and management of ocular diseases, and co-management of surgical aftercare in collaboration with local ophthalmologists. The company utilizes advanced ophthalmic technology for early detection and intervention, catering to patients of all ages, from children to seniors. TEHG serves diverse clientele across the NJ/NY metropolitan area and markets its services to individuals seeking personalized, state-of-the-art eye care.


The practice emphasizes a community-focused approach, actively engaging in eye health awareness campaigns and offering free screenings to educate the public on ocular health. TEHG operates on a transactional model primarily structured around direct-to-consumer services, facilitated through in-person appointments and consultations. Revenue is generated through comprehensive eye exams, which encompass services for both glasses and contact lenses, along with specialized treatments for ocular conditions. Clients typically engage via health insurance plans, including private and government-assisted programs, allowing the firm to maximize patient benefits.


The practice's structured pricing model is designed to accommodate various demographics, ensuring equitable access to eye care services while maintaining a strong patient-provider relationship. By focusing on transparent billing practices and the acceptance of multiple insurance plans, TEHG fosters an accessible healthcare environment that meets the needs of its community. In February 2021, Beverly Capital acquired The Eye Health Group, LLC, with financial terms of the transaction undisclosed. This acquisition will facilitate TEHG's expansion across the Northeast.


The company plans to enhance its service portfolio and explore new market opportunities to reach a broader demographic by strategically leveraging the resources and support from Beverly Capital, thereby positioning itself for future growth.


Current Investors

Beverly Capital

Primary Industry

Healthcare Specialists

Sub Industries

Optometrists & Opticians Products and Services

Website

www.theeyehealthgroup.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

The Eye Health Group, LLC - 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)
BuyoutCompletedThe Eye Health Group, LLC-

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