EyeCare Partners on Track for 275 Locations by End of 2018
Wednesday, March 14, 2018 |
EyeCare Parters reported that the group, backed by private equity firm FFL Partners, has been continuing on its acquisition path and projects it will reach 275 locations by the end of 2018, according to a report in VisionMonday. EyeCare Partners (ECP) has successfully acquired and integrated more than 240 optometry and ophthalmology practices over the past three years, the company pointed out, throughout the Midwest, Southeast and Mid-Atlantic regions. Vision Monday reported on the company’s formation and previous acquisitions in May 2017.
Despite quadrupling in size during this period, EyeCare Partners says it is currently in active discussions with more than 50 practices, and it expects to close 10 optometry and ophthalmology transactions in Q2 2018. To date, the company operates 17 MD locations and 223 OD locations. Out of a total of 321 vision care doctors, 301 are optometrists, 20 are ophthalmologists, the company told VMAIL.
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