Gauge Capital recapitalizes ophthalmology services provider — 3 key points

An affiliate of Gauge Capital recapitalized Las Vegas-based New Eyes, according to The PE Hub Network. Here are three key points:

Advertisement

1. Founded by Helga Pizio, MD, New Eyes has several Las Vegas-based clinical locations and an outpatient surgery center. Its services include pterygium surgery, vision correction and cataract removal without the use of a surgical blade.

2. Private equity firm Gauge Capital seeks out companies with meaningful growth potential, sustainable differentiation or value proposition with EBITDA of $5 to $30 million.

3. Cain Brothers, a healthcare investment bank and division of KeyBanc Capital Markets, was the financial advisor to New Eyes in the transaction.

More articles on transactions/valuations:
Ohio orthopedic group plans $100M MOB, ASC: 5 key notes
BGL Real Estate Partners sells land with 2 surgery centers — 3 insights
Butte’s zoning board approves permit for ASC — 4 insights

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.