The Firmament Group announced an investment in three ophthalmology practices and an ambulatory surgery center in St. Louis.
Terms of the deal were not disclosed.
Firmament previously invested in practices in Southern Florida and Northern California through its managed services organization Vision Integrated Partners (VIP). Concurrent with the transactions, Jim Wachtman has joined as Chief Executive Officer.
“We feel strongly that the trends in ophthalmology present a compelling long-term investment thesis, and we are excited to partner with a group of physicians with a national reputation for high-quality patient care,” Parris Boyd, principal at the Firmament group, said in a news release. “Further, we are thrilled to back Jim Wachtman and believe his decades of eye care experience will pay dividends as we continue to invest in the space.”