Gainesville Eye Associates

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Gainesville Eye Associates - overview

Established

1987

Location

Gainesville, GA, US

Primary Industry

Healthcare

About

Gainesville Eye Associates is a specialized ophthalmology clinic dedicated to enhancing vision and eye health through advanced surgical and clinical services, including laser procedures and comprehensive eye exams. Gainesville Eye Associates was founded in 1987 in Gainesville, US. The company focuses on providing a full spectrum of ophthalmic services. In March 2018, it became part of EyeSouth Partners, LLC, an acquisition that has potentially influenced operational strategies.


Gainesville Eye Associates offers a comprehensive range of ophthalmic services, including laser vision correction, cataract surgery, routine eye exams, and a retail optical shop featuring eyewear and contact lenses. Notably, it was the first facility in Northeast Georgia to implement bladeless laser cataract surgery, addressing the needs of patients with refractive errors and other ocular conditions across a wide geographical market, including North Georgia and nearby states. The revenue model for Gainesville Eye Associates is based on direct consumer transactions from medical and surgical services, alongside retail sales from their optical shop. Patients typically seek comprehensive eye exams that may lead to surgical options such as LASIK or cataract procedures.


This model also includes cosmetic and oculoplastic services, supported by a diverse patient base that encompasses both routine care seekers and referrals from other medical professionals. Following the acquisition by EyeSouth Partners in March 2018, Gainesville Eye Associates aims to leverage this partnership for strategic expansion. Upcoming initiatives involve enhancing their service offerings, with potential new products and procedures to be developed in the near term. The company plans to explore growth opportunities in neighboring markets, particularly targeting additional regions in the Southeastern US by 2025.


The resources from the acquisition are expected to support these expansion strategies as they enhance their operational capabilities and service delivery.


Current Investors

EyeSouth Partners

Primary Industry

Healthcare

Sub Industries

Hospitals, Optometrists & Opticians Products and Services

Website

www.gainesvilleeye.com

Company Stage

Add-on

Total Amount Raised

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Gainesville Eye Associates - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedGainesville Eye Associates-

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