Eye Surgery Associates, a comprehensive eye care provider in South Florida, has entered into a strategic partnership with Eyecare Services Partners Management, LLC, a national provider of integrated eye care services, effective July 15.
Terms of the transaction were not disclosed. Eye Surgery Associates shareholders will continue to be invested in the business following close, according to a news release.
Eye Surgery Associates is one of the largest multi-subspecialty ophthalmology practices in Broward County, with offices in Hollywood, Weston, Pembroke Pines, and Miami, and has been serving these communities for over 30 years.
As part of Eyecare Services Partners, Eye Surgery Associates will continue to be led by its Senior Managing Partner, Mark S. Dorfman, MD, a board-certified pediatric ophthalmologist who has served a term as the President of the Florida Society of Ophthalmology and, since 1998, as Chief of Pediatric Ophthalmology at Joe DiMaggio Pediatric Hospital.
“We are very pleased to join the growing Eyecare Services Partners family of eye care practices in South Florida,” Dr. Dorfman said in the news release. “Eyecare Services Partners is a clear leader, having entered into partnerships with some of the country’s leading ophthalmology practices. The combination of Eye Surgery Associates’ clinical reputation and Eyecare Services Partners’ management and capital resources will ensure that the combined organization will continue to lead the market from both a growth and quality of care perspective.”
Daniel D. Crowley, Executive Chairman of Eyecare Services Partners, added: “We continue to build our comprehensive eye care platform in Florida and other key markets. The highly regarded Eye Surgery Associates practice is an excellent addition to our existing footprint in Florida, bringing the number of our office locations to 17, including offices associated with Delray Eye Associates, Florida Vision Institute, Katzen Eye Care and Laser Center, and Mid Florida Eye Center.”
Provident Healthcare Partners served as exclusive financial advisor to Eye Surgery Associates.