Pegasus Equity Advisors Announces EyeCare Partners Acquisition of Several Oklahoma-Based Independent Ophthalmology Practices

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ST. LOUIS—EyeCare Partners LLC has acquired multiple independent ophthalmology practices in Oklahoma City, Okla., according to an announcement this week. The deal encompasses four ophthalmologists from three individual practices with six office locations and two ambulatory surgery centers. The practices and locations are: Epic Vision, Cataract Institute of Oklahoma, Precision Vision and Eye Care Oklahoma. All the facilities were “successfully integrated into a single transaction,” which also marked EyeCare Partner's entry into the state of Oklahoma, according to the announcement from Pegasus Equity Advisors LLC and confirmed by EyeCare Partners.

The terms of the transaction were not disclosed.

EyeCare Partners is a portfolio company of Partners Group, one of the largest private market investment managers in the world with more than $96 billion in assets under management.

Pegasus Equity Advisors, an ophthalmology-centric M&A firm with offices in Dallas and Los Angeles, acted as the sell-side advisor to the surgeon partners in Oklahoma.

The clinic offices of the aligned medical group extend from Edmond to Shawnee, to Moore to Oklahoma City. The two surgery centers are located in Edmond and south Oklahoma City complimenting the geographical layout of their service offering to the greater Oklahoma City metro area and beyond, according to the announcement.

All surgeons offer premium surgical services including but not limited to laser-based cataract surgery, premium multi-focal, extended depth of focus and toric intra-ocular lenses (IOLs).

EyeCare Partners currently offers comprehensive medical eyecare services across more than 550 sites of service throughout Alabama, Arizona, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, Texas and Virginia.