BGL facilitates Insight Vision’s sale to Unifeye Vision Partners in major eyecare deal
Brown Gibbons Lang & Company (BGL), a prominent player in investment banking, has announced the completion of the sale of Insight Vision Group to Unifeye Vision Partners (UVP), a portfolio company under Waud Capital. The deal further strengthens Unifeye Vision Partners’ extensive eyecare network while positioning Insight Vision Group as a key asset in the burgeoning eyecare market. Brown Gibbons Lang & Company’s specialized Healthcare investment banking team served as the exclusive financial advisor for Insight Vision Group in the deal, the financial terms of which have not been disclosed.
Insight Vision Group: A Rapidly Expanding Eyecare Leader
Insight Vision Group is one of the fastest-growing eyecare platforms in the United States. Based in California, the group operates through ten clinics and two multi-specialty ASCs, covering Southern California and the Central Coast. The group was formed from the merger of Los Angeles-based DLV Vision and San Luis Obispo-based ADV Vision, and was founded by Dr. Paul J. Dougherty, a leading refractive and cataract surgeon. Under CEO Renata Stone, the group has achieved nearly 10x revenue growth in the last decade, thanks to innovative strategies like offshore staffing and high-touch marketing.
Unifeye Vision Partners’ Nationwide Network to Benefit from Acquisition
Unifeye Vision Partners, headquartered in Dallas, Texas, boasts a robust eyecare network comprising 123 providers, 44 clinic locations, and 13 ambulatory surgery centers. With this acquisition, Unifeye Vision Partners aims to further expand its nationwide reach in ophthalmology and optometry services, making it a leading eyecare provider in targeted markets across the United States.
Brown Gibbons Lang & Company’s Expertise in Healthcare Provider M&A Shines
This transaction underscores the expertise of Brown Gibbons Lang & Company’s Healthcare Provider Services Group in physician practice M&A and related technical services. Known for its long track record in physician practice valuation and advising on strategic transactions, Brown Gibbons Lang & Company’s financial advisory team adds another successful deal to its portfolio.
A Transformative Deal in the Eyecare Sector
The sale of Insight Vision Group to Unifeye Vision Partners marks a significant moment in the eyecare industry, with two leaders joining forces to offer an unparalleled range of services. The acquisition not only enhances Unifeye Vision Partners’ position but also promises exciting growth prospects for Insight Vision Group, especially as more people seek specialized eyecare services. With this deal, both companies are poised for greater success in a market that increasingly values quality and expertise in eyecare solutions.