Sunvera Group Forms New Partnership With William S. Goldstein, MD PC – Laser Eye Care Center

By Staff
Thursday, May 19, 2022 12:26 AM BINGHAM FARMS, Mich.—Sunvera Group, a management services organization providing support services to ophthalmology practices across multiple subspecialties, has formed a new partnership with William S. Goldstein, MD PC and Laser Eye Care Center in Shelby Township, Mich.

Gryphon Investors Enters Vision Care With Investment in Vision Innovation Partners, Leading Eyecare Group in Mid-Atlantic Region

By Staff
Monday, May 16, 2022 12:27 AM SAN FRANCISCO—Gryphon Investors (Gryphon), a leading middle-market private equity firm, has partnered with Vision Innovation Partners (VIP), a leading provider of eyecare services in the mid-Atlantic region. Financial terms of the transaction—which marks the investor group’s first move in the eyecare sector—were not disclosed. New York-based Centre Partners was an initial investor in VIP. According to the Centre Partners website, the firm no longer holds an ownership position following the Gryphon transaction.

US Eye Partners With Leading Virginia Optometrist as Group Plans Expansion in the Tidewater Region

By Staff
Tuesday, May 10, 2022 12:24 AM VIRGINIA BEACH, Va.—US Eye has expanded its presence in Virginia with the addition of Kenneth Lebow, OD, FAAO, and his optometric team comprised of Valerie Foytik, OD, and Elizabeth Baylor, OD. The Virginia Beach-based team provides comprehensive optometry services, including the diagnosis and management of ocular disease, dry eye treatment, low vision, corneal conditions such as keratoconus, specialty rigid and scleral contact lenses, pre- and post-operative surgical care in areas such as cataracts, macular degeneration, glaucoma and diabetic retinopathy, among other services, according to the recent announcement of the partnership.

Are You a Top U.S. Optical Retailer? VM Opens its Annual Top 50 Optical Retailers Survey, Sets May 25 Deadline

By Staff
Monday, May 2, 2022 12:30 AM NEW YORK—The year 2021 for the optical sector was not unlike a rollercoaster ride in some ways, with a series of ups and downs and quick turns, as the nation experienced an uneven recovery from COVID-19. But the optical business did bounce back in 2021, and after this second consecutive extraordinary business year, Vision Monday will be publishing its signature Annual Top 50 U.S. Optical Retailers Report in its upcoming June print/digital edition. A link to the survey is posted here.

Total Vision Announces New Partnership With Golden Vision as Group Positions Itself for Further Growth

By Staff
Thursday, April 28, 2022 12:27 AM MISSION VIEJO, Calif.—Total Vision, a leading and expanding California-based network of vision care providers, has announced a new partnership with Golden Vision, a nine-location luxury eyecare and eyewear optometry chain operating in California, according to an announcement this week.

Michigan-Based Sunvera Group Adds New Partnership With Wilkinson Eye Center of Metro Detroit

By Staff
Thursday, April 28, 2022 12:24 AM BINGHAM FARMS, Mich.—Sunvera Group, a management services organization, has formed a new partnership with Wilkinson Eye Center, a leading ophthalmology practice with locations in Clarkston and Pontiac, Mich.

US Eye Partners With Five-Location Kelly Eye Center of Raleigh, N.C.

By Staff
Wednesday, April 27, 2022 12:27 AM RALEIGH, N.C.—US Eye has expanded its presence in North Carolina with the addition of Kelly Eye Center, a specialty ophthalmology practice with a focus on cataract and lens replacement surgery using premium intraocular lens (IOL) technology. The practice is composed of five locations within the greater Raleigh, N.C., area. The terms of the transaction were not disclosed.

Private Equity and Practice Transitions

By Mark Tosh
Saturday, April 23, 2022 12:30 AM The past two years have been a cycle of ups and downs for many business owners and company leaders, and this is particularly true for the eyecare sector. In an environment of tremendous change taking place in both health care and retail, practice owners have had to cope with seemingly unending challenges on a daily basis.

EyeCare Partners Appoints Dr. Antonio Capone Jr. as Chief Clinical Officer

By Staff
Friday, April 22, 2022 12:24 AM ST. LOUIS—EyeCare Partners (ECP), a leading clinically integrated network of ophthalmology and optometry providers, has appointed internationally recognized clinician, surgeon and educator Antonio Capone Jr., MD, as its chief clinical officer, effective immediately.

NFL's Green Bay Packers Announce Shopko Optical as Team's 'Official Eye Care Partner'

By Staff
Wednesday, April 20, 2022 12:24 AM GREEN BAY, Wis.—Shopko Optical has been named as the “official eye care partner” of the Green Bay Packers of the National Football League, the team announced Tuesday.

Total Vision Announces New Partnership With Santa Cruz Optometric Center in California

By Staff
Tuesday, April 19, 2022 12:21 AM MISSION VIEJO, Calif.—Total Vision, a leading and expanding California-based network of vision care providers, has announced a new partnership with Santa Cruz Optometric Center. Since 1953, Santa Cruz Optometric Center, from its downtown location, has provided the community of Santa Cruz, Calif., with quality eyecare services. The terms of Total Vision’s latest partnership were not disclosed. Total Vision, which is backed by New York City-based Bregal Partners, operates approximately 50 office locations throughout California.

Retina Consultants of America Announces Two New Florida Partnerships as it Marks 25th Alliance Overall

By Staff
Thursday, April 14, 2022 12:24 AM SOUTHLAKE, Texas—Retina Consultants of America (RCA), a comprehensive physician management services organization, achieved a major milestone this week as its announced the addition of two partnerships to its national consortium, Vitreo Retinal Surgeons (VRS) and Gulf Coast Retina Associates (GCRA), both in Florida, according to an announcement on Wednesday. In two years, RCA has grown to 25 partners across the U.S. This alliance presents two of the premier partners in the Tampa Bay region, “allowing for the highest level of care and treatment to patients in a thriving state,” the announcement noted.

Retina Consultants of America Announces First Partnership in Indiana With Associated Vitreoretinal and Uveitis Consultants

By Staff
Tuesday, April 5, 2022 12:18 AM SOUTHLAKE, Texas—Retina Consultants of America (RCA), a comprehensive physician management services organization, has added its first practice partnership in Indiana, via its affiliation with Associated Vitreoretinal and Uveitis Consultants (AVRUC), according to an announcement Monday.

Shopko Optical Completes Another Acquisition in Minnesota

By Staff
Friday, April 1, 2022 12:24 AM GREEN BAY, Wis.—Shopko Optical said Thursday that it has completed the acquisition of Third Street Optical in Bemidji, Minn. Shopko Optical Bemidji officially opened Thursday, March 31.

Shopko Optical Acquires Minnesota’s InnoVision Eyecare Practice

By Staff
Tuesday, March 29, 2022 12:24 AM GREEN BAY, Wis.—Shopko Optical has acquired InnoVision Eyecare, which had operated eyecare centers in Albert Lea and Austin, Minn., according to an announcement on Monday. Dr. Gareth S. Hataye closed InnoVision Eyecare on March 24, but will continue optometric care for his patients at Shopko Optical’s new Albert Lea location at 1629 Blake Ave., and also at Shopko Optical’s existing Austin location at 1004 8th Ave. NW, beginning this week. The terms of the transaction were not disclosed.