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PE-Backed EyeSouth Sets Partnership With South Georgia/North Florida Eye Partners

By Staff
Monday, June 11, 2018 12:27 AM


ATLANTA—EyeSouth Partners, a network of integrated eyecare practices located throughout the Southeast, said late last week that it has completed “a strategic partnership” with South Georgia/North Florida Eye Partners and Cataract and Laser Surgery Center, which has five clinical locations. Four of the offices are located in south Georgia and a fifth is in Madison, Fla. The terms of the partnership transaction were not disclosed. EyeSouth said the deal will expand its presence in south Georgia and northern Florida, according to the announcement.

EyeSouth, an eyecare-focused physician services organization, was formed in 2017 by Shore Capital Partners, a lower middle-market health care private equity firm based in Chicago.

Ophthalmologist Scott Petermann, MD, is the leader of South Georgia Eye and part of a team of two ophthalmologists and six optometrists who provide care at five clinical locations. The Georgia clinics are located in Valdosta, Tifton, Douglas and Moultrie. The ophthalmologists perform surgery at Cataract and Laser Center of South Georgia, which is located in Valdosta.

South Georgia Eye offers a suite of eyecare services including cataract surgery, LASIK, glaucoma treatment and medical optometry.

In March, EyeSouth Partners expanded into northeast Georgia and North Carolina by completing a strategic partnership with Gainesville Eye Associates, as VMAIL reported.

"We are thrilled about the partnership with EyeSouth and the deep experience and dedicated management and support services they offer,” Petermann said in the announcement. He will join EyeSouth's physician advisory board.

Petermann added, “We are very proud of what we have built at South Georgia/North Florida Eye Partners and strongly believe EyeSouth's model will allow us to continue growing and enhancing our medical and surgical specialty eyecare services throughout South Georgia and North Florida. I have high aspirations for what we can collectively accomplish and offer to our patients and their referring doctors.”

South Georgia Eye, which was founded in 2010, will continue to operate under its brand, with no changes to its staff, physicians or locations, according to the announcement.

Eugene Gabianelli, MD, chief medical officer of EyeSouth Partners, said the firm is “extremely excited” to have South Georgia Eye join its affiliation network. "We have the utmost respect for Dr. Scott Petermann and believe the quality of physicians and staff at South Georgia Eye are second to none,” Gabianelli said. “Their longstanding reputation and relentless focus on providing the highest standard of patient care fit squarely with the mission of EyeSouth.”

EyeSouth's affiliate network consists of 43 doctors providing medical and surgical eyecare services at 29 locations throughout Georgia, North Carolina and Florida.
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