Connect with us

Press Releases

EyeCare Partners Completes Acquisition of Associated Retinal Consultants

It’s EyeCare Partners’ largest transaction to date.

mm

Published

on

(PRESS RELEASE) ST. LOUIS – EyeCare Partners LLC, a growing network of full-scope medical optometry and ophthalmology practices, announced it has completed the acquisition of Associated Retinal Consultants, P.C., an ophthalmology provider and one of the largest retina subspecialty practices in the U.S. Financial terms of the private transaction were not disclosed.

Headquartered in Royal Oak, MI, ARC employs 21 physicians in 16 company-owned or leased locations throughout the Michigan. Founded in 1971, ARC provides state-of-the-art treatment for eye diseases such as age-related macular degeneration, diabetic retinopathy, ocular disease, tumors and other serious conditions.

“ARC’s subspecialty practice has an unparalleled reputation for exceptional clinical care and strong commitment to research. It is widely considered to be one of the premier retina treatment practices in the State of Michigan, as well as one of the finest retina practices in the U.S.,” said Kelly McCrann, CEO of ECP. “ARC is highly complementary to our mission of providing patient-centered doctors with world class business support to continue growing and delivering exceptional patient care.”

ARC actively serves over 1,000 optometrists and ophthalmologists throughout Michigan and surrounding states.

“We are excited to join EyeCare Partners as we pursue the next chapter of growth with our new partner,” said Dr. Alan Ruby and Dr. Tony Capone of ARC. “We look forward to our new strategic partnership that will further our ability to deliver the highest quality medical and surgical treatment to patients for diseases of the retina, macula and vitreous.”

Metronome Partners, LLC served as financial adviser to ARC and McDermott Will & Emery and Gianmarco, Mullins & Horton P.C. served as its counsel. Willkie Farr & Gallagher provided counsel to ECP.

Advertisement

SPONSORED VIDEO

Crizal® Sapphire™ HR: Invisible Shield of Protection

Your patients’ main concerns of anti-glare, scratch resistance, and easiness to clean are covered. Crizal Sapphire HR, the latest and most advanced product in the Crizal No-Glare range, is now widely available across lab networks and through all major managed vision care providers. Crizal Sapphire HR is available with Essilor’s advanced lens designs such as Varilux® progressive lenses and Eyezen® enhanced single vision lenses. Click here to learn more. *External laboratory tests and internal technical tests – 2020. Compared to the competitor most known lens-brands by consumers (2019 external brand tracking in 11 countries). The word ’overall’ refers to anti-reflective coatings important criteria, ranked through an external quantitative consumer study – 2019.

Promoted Headlines

Advertisement

Advertisement

Subscribe

INVISIONMAG.COM
BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Advertisement

Most Popular